Covance Softsol (COVANCE) Share Price Rises 9.52% to Rs 171.95 Today
- October 28, 2026
- Posted by: Kunal Singla
- Category: News
Covance Softsol Share Price rose 9.52% on 28 October 2026, with COVANCE SOFTSOL LIMITED (COVANCE) last trading at Rs 171.95 against a previous close of Rs 157.00 as of 11:52:28 AM IST. The company carries a market capitalisation of Rs 332.96 crore and operates in the IT – Software industry of the IT sector.
According to Univest data, the price event is confirmed, but no company-specific catalyst is established. What the figures do show is a stock that opened at Rs 171.00, touched a high of Rs 172.70 and a low of Rs 162.15, and has added Rs 14.95 per share on the day. Its P/E ratio of 8.86 sits well below the industry median of 21.05, and its ROE of 16.17% is well above the industry median of 10.67%.
Covance Softsol Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 171.95 |
| Previous Close | Rs 157 |
| Today's Move | Rs 14.95 (+9.52%) |
| Open | Rs 171 |
| High | Rs 172.7 |
| Low | Rs 162.15 |
| Market Capitalisation | Rs 332.96 crore |
| Market Cap Category | Micro Cap |
COVANCE SOFTSOL LIMITED (COVANCE) rose to Rs 171.95 from the previous close of Rs 157, a move of Rs 14.95 or 9.52%. The stock opened at Rs 171, reached a high of Rs 172.7, recorded a low of Rs 162.15.
Covance Softsol Share Price Today stands at Rs 171.95 as of 11:52:28 AM IST, a gain of Rs 14.95 or 9.52% over the previous close of Rs 157.00. The stock opened at Rs 171.00, touched a high of Rs 172.70 and a low of Rs 162.15, a day range of Rs 10.55.
The Covance Softsol Share Price Update shows the stock opened Rs 14.00 above its previous close and has since added another Rs 0.95 from the opening level. The current price sits Rs 0.75 below the day high and Rs 9.80 above the day low, so the stock is trading in the upper part of its range. Covance Softsol market cap stands at Rs 332.96 crore at this price, a figure that reflects company size rather than quality.
These Covance Softsol Share Price Live readings will keep changing while the session is open. The next section turns to fundamental analysis.
COVANCE SOFTSOL LIMITED (COVANCE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 332.96 crore |
| P/E Ratio | 8.86x |
| P/B Ratio | 1.92x |
| ROE | 16.17% |
| ROCE | 14.28% |
| EPS | Rs 17.72 |
| Book Value Per Share | Rs 81.88 |
| Dividend Yield | 0% |
COVANCE SOFTSOL LIMITED (COVANCE) fundamental metrics show P/E 8.86x, P/B 1.92x, ROE 16.17%, ROCE 14.28%. These figures provide context only and are not a buy or sell signal.
COVANCE SOFTSOL LIMITED has a market capitalisation of Rs 332.96 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 8.86x, P/B at 1.92x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 16.17% and ROCE of 14.28%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 17.72, book value per share of Rs 81.88, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 21.05x, median ROE of 10.67%, median ROCE of 12.87%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | IT |
| Industry | IT – Software |
| Benchmark Scope | same industry |
| Company P/E Ratio | 8.86x |
| Benchmark Median P/E | 21.05x |
| Benchmark Average P/E | 54.13x |
| Benchmark P/E Range | 1.39x to 1,683.1x |
| Company P/B Ratio | 1.92x |
| Benchmark Median P/B | 1.9x |
| Company ROE | 16.17% |
| Benchmark Median ROE | 10.67% |
| Company ROCE | 14.28% |
| Benchmark Median ROCE | 12.87% |
| Company Market Capitalisation | Rs 332.96 crore |
| Benchmark Median Market Cap | Rs 234.59 crore |
COVANCE SOFTSOL LIMITED (COVANCE) operates in the IT sector, within the IT – Software industry.
COVANCE SOFTSOL LIMITED (COVANCE) has a P/E ratio of 8.86x, which is below the benchmark median of 21.05x, a difference of -57.91%. On its own, the P/E gap is a valuation reference point, not a trading call.
COVANCE SOFTSOL LIMITED (COVANCE) has a ROE of 16.17%, which is above the benchmark median of 10.67%, a difference of +51.55%. COVANCE SOFTSOL LIMITED (COVANCE) has a ROCE of 14.28%, which is above the benchmark median of 12.87%, a difference of +10.96%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Tata Consultancy Services Ltd. | TCS | 9,17,546.99 | 17.53 | 7.6 | 49.11 | 66.25 |
| Infosys Ltd. | INFY | 4,72,791.04 | 15.34 | 4.76 | 31.68 | 42.84 |
| HCL Technologies Ltd. | HCLTECH | 3,84,797.71 | 20.97 | 5.05 | 23.13 | 31.2 |
| Wipro Ltd. | WIPRO | 1,87,206.68 | 14.06 | 2.35 | 15.71 | 18.49 |
| Tech Mahindra Ltd. | TECHM | 1,76,240.87 | 32.05 | 5.96 | 17 | 23.04 |
COVANCE SOFTSOL LIMITED (COVANCE) has a P/E ratio of 8.86x compared with the displayed peer median of 17.53x. This peer read is a relative benchmark rather than a trading signal. Its ROE of 16.17% compares with a peer median of 23.13% across the companies shown in the table. ROCE stood at 14.28% versus the displayed peer median of 31.2%, providing a capital-efficiency comparison. COVANCE SOFTSOL LIMITED (COVANCE) has a market capitalisation of Rs 332.96 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Covance Softsol
- Price action: the stock is up 9.52% at Rs 171.95 and trades Rs 9.80 above the day low of Rs 162.15.
- Fundamentals: EPS of Rs 17.72, book value of Rs 81.88 and ROE of 16.17% frame the earnings base.
- Valuation: a P/E of 8.86 compares with an industry median of 21.05.
- Sector positioning: ROCE of 14.28% is above the benchmark median of 12.87% across 238 companies.
- Peers: ROE of 16.17% is above one of the five listed peers in the comparison.
About Covance Softsol
COVANCE SOFTSOL LIMITED trades under the symbol COVANCE and operates in the IT sector, within the IT – Software industry. That industry group is the benchmark Univest uses for the company, and it holds 238 companies, including Tata Consultancy Services, Infosys, HCL Technologies, Wipro and Tech Mahindra.
With a market capitalisation of Rs 332.96 crore, Covance Softsol sits above the benchmark median of Rs 234.59 crore but below the average of Rs 12,726.41 crore for the industry.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is the Covance Softsol share price today?
Ans. Covance Softsol Share Price was Rs 171.95 as of 11:52:28 AM IST on 28 October 2026, up Rs 14.95 or 9.52% from the previous close of Rs 157.00, after the stock opened at Rs 171.00.
What are the day high and low for Covance Softsol?
Ans. Covance Softsol touched a day high of Rs 172.70 and a day low of Rs 162.15, a range of Rs 10.55. The stock last traded at Rs 171.95, which is Rs 0.75 below the high.
What is the market capitalisation of Covance Softsol?
Ans. Covance Softsol has a market capitalisation of Rs 332.96 crore. Across the 238 companies in its industry benchmark, the median market capitalisation is Rs 234.59 crore and the average is Rs 12,726.41 crore.
What is the Covance Softsol P/E ratio?
Ans. The P/E ratio of Covance Softsol is 8.86. The same-industry benchmark of 238 companies shows a median P/E of 21.05 and an average of 54.13, so the stock trades below both.
What are the ROE and ROCE of Covance Softsol?
Ans. Covance Softsol has a return on equity of 16.17% and a return on capital employed of 14.28%. The industry median ROE is 10.67% and the median ROCE is 12.87%, so both sit above the median.
What are the EPS and book value of Covance Softsol?
Ans. Covance Softsol reports EPS of Rs 17.72 and a book value per share of Rs 81.88. Its dividend yield is 0%, which is a historical measure of payout relative to the current share price.
How does the Covance Softsol P/B ratio compare with the industry?
Ans. Covance Softsol has a P/B ratio of 1.92. The industry median is 1.9 and the average is 4.3, while P/B across the 238-company benchmark ranges from negative 5.83 to 279.85.
Which peers are compared with Covance Softsol?
Ans. Covance Softsol is compared with Tata Consultancy Services, Infosys, HCL Technologies, Wipro and Tech Mahindra. Its P/E of 8.86 is lower than Tata Consultancy Services at 17.53 and lower than Infosys at 15.34.
Track Covance Softsol Share Price on Univest
Use COVANCE SOFTSOL LIMITED (COVANCE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Readers can track the Covance Softsol Share Price live on Univest, along with fundamental ratios such as P/E, P/B, ROE and ROCE, 52-week levels and wider market insights. Univest keeps price updates, peer figures and sector benchmarks in one place, so the stock can be followed alongside other market movers during the session.
