Covance Softsol Ltd (COVANCE) is currently trading at 140.60 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Covance Softsol Limited is engaged in the Information and Technology sector, following a demerger from Softsol India Limited. The company was incorporated on August 11, 2023, and became operational with the transfer of IT/ITES businesses from Softsol India Limited, as sanctioned by the NCLT order dated September 12, 2024. The demerger was effective from April 1, 2023, with the formalization completed by September 25, 2024, marking a significant milestone for the company's operational scope. Shareholders of Softsol India Limited received 1,47,63,689 equity shares, highlighting strategic shareholder distribution during the transition period.

Over the past 52 weeks, Covance Softsol Ltd has traded between a low of ₹36.53 and a high of ₹270.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Covance Softsol Ltd has a market capitalization of approximately 327.75. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Covance Softsol Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 8.35 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 327.75 Cr, Covance Softsol Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Covance Softsol Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Covance Softsol Ltd is 8.35. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.