Cyient Ltd (CYIENT)

Anand Rathi Recommends Buy on Cyient Ltd with Target Price of Rs 2350 - 30 Apr, 2024

Anand Rathi has recommended a buy call on Cyient Ltd with a target price of Rs 2350. The company reported a consolidated total income of Rs 1884.20 crore for the quarter ended March 31, 2024, up 2.39% from the last quarter and up 7.55% from the same quarter last year. Promoters held 23.16% stake in the company as of March 31, 2024, while FIIs owned 31.04%, DIIs 25.91%.

Cyient Reports Strong Q4 Results - 28 Apr, 2024

Cyient reported a 6.25% YoY increase in revenue and a significant 15.93% YoY growth in profit for Q4. Despite mixed stock performance, the company delivered a strong 20.16% return over the past 6 months.

Cyient Reports Strong Q4 Results and Forecasts High Single-Digit Revenue Growth - 26 Apr, 2024

IT solutions provider Cyient reported strong Q4 results with a 28.5% QoQ rise in net profit and recommended a final dividend of Rs 18 per equity share for FY23-24. Emkay Global Financials recommends buying Cyient with a target price of Rs 2600. The company is cautiously forecasting high single-digit revenue growth for FY25.

Cyient Reports Strong Q4 Results and Dividend Recommendation - 25 Apr, 2024

IT services company Cyient Ltd reports strong Q4FY24 results with a 28.5% QoQ increase in net profit and a 6.3% YoY rise in consolidated revenue. The board has recommended a final dividend of Rs 18 per equity share for FY24. Analysts expect growth in the aerospace segment in FY25.

Cyient DLM Reports Strong Q4 Results - 24 Apr, 2024

Cyient DLM reported a surge in net profit and revenue for Q4 FY24, driven by growth in the Aerospace and Defence segments. The company expects strong growth in FY25 backed by its order book and key client relationships.

Cyient DLM Reports Strong Financial Results for FY24 - 23 Apr, 2024

Cyient DLM reported a surge in profit after tax and revenue for the financial year 2023-24, driven by aerospace and defence segments. The outlook for FY25 remains strong with expected growth backed by order book and key clients.

Cyient Ltd's Future Looks Bright with Expected 90% Profit Growth - 18 Apr, 2024

Cyient Ltd's share price has seen significant movement, reaching highs of ₹2,296 and lows of ₹1,897. However, the company's future looks bright with expected profit growth of 90% over the next few years.

Cyient Stock Gains Momentum with Positive Candle Formation - 08 Apr, 2024

Technical analyst Vaishali Parekh recommends buying Cyient stock for a target of Rs 2355-2550, as it has breached the falling trendline zone at 2055 levels to indicate a trendline breakout.

Cyient Ltd Stock Rallies Over 20% - 07 Apr, 2024

Cyient Ltd stock has rallied over 20% since hitting a low above 1800 levels on March 13th. The stock is trading well above crucial short- and long-term moving averages, indicating a positive outlook for the bulls.

Cyient Stock Set to Rise After Breaking Trendline Resistance - 06 Apr, 2024

After finding support at ₹1,900, Cyient stock broke trendline resistance and is expected to rise further. However, there may be a temporary softening to ₹2,040 before surpassing ₹2,270.

Cyient Stock Receives Buy Call from Analysts - 05 Apr, 2024

Axis Securities has issued a buy call on Cyient Ltd with a target price of Rs 2470. Rajesh Palviya, SVP - Technical and Derivatives Research at Axis Securities recommends buying, holding, and accumulating the stock with an expected upside of 2,400-2,450 and downside support zone of 2,070-2,000.

Institutional Owners Hold 40% Shares in Cyient Ltd - 02 Apr, 2024

Institutional owners hold a significant stake in Cyient Limited, with the top 13 shareholders owning 51% of the business. Hedge funds own 8.1%, insiders own ₹12b worth of shares, and private companies own 19%. The general public owns 26%.

Kotak Institutional Equities Lists Cyient Ltd. as Top Pick - 01 Apr, 2024

Kotak Institutional Equities has listed Cyient Ltd. as its third top pick, expecting margin trajectory to improve across companies for financial year 2025 estimates.