NASDAQ:SIFY

Artificial Intelligence·Finance·NASDAQ:SIFY·News·Technology

Sify Shares Stuck, India AI Data-Center Bet Draws Traders

Sify Technologies’ ADRs closed at $17.24 on Nasdaq, up 2 cents after volatile trading. Annual revenue rose 13% to 44.88 billion rupees, EBITDA increased 31%, but net loss widened to 1.37 billion rupees. Data-center services accounted for 39% of revenue, up 23% year-over-year. The Nasdaq Composite finished up 0.03% at 27,093.90.

June 2, 2026

5G Networks Updates ASX on On-Market Share Buy-Back Progress
June 2, 2026, 8:27 PM EDT. 5G Networks Limited (ASX:5GN) informed the Australian Securities Exchange (ASX) about the status of its ongoing on-market share buy-back program. The company is actively purchasing shares on the open market, a move typically aimed at returning value to shareholders or consolidating ownership. This update details the progress made since the buy-back commenced, though specific purchase volumes or financial details were not disclosed in the notification. Market watchers see share buy-backs as a sign of management's confidence in the company's prospects or an effort to support the stock price amid market volatility.