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CYIENT BEATS
HDFC Defence Fund adds Tata Motors, reduces exposure in MTAR Technologies and 1 other in MayHDFC Defence Fund added Tata Motors to its portfolio in May while trimming holdings in MTAR Technologies and Rishabh Instruments. The fund ...- Cyient approves Rs 720 crore share buyback as Q4 profit falls sharply. Check premiumCyient approved a share buyback while reporting a sharp decline in quarterly profit due to one time charges, even as revenue remained stron...
- Cyient shares in focus as U.S. unit hit with $26,780 IRS penaltyCyient Limited faces scrutiny as its American branch, Cyient Incorporated, receives a penalty. The Internal Revenue Service issued the orde...
- Stocks to buy today: Antique reduces target price on Cyient; Motilal Oswal sees 34% upside in Tech Mahindra post Q4Companies such as Cyient, Persistent Systems, and Tech Mahindra maintain their 'Buy' ratings from analysts, with potential upside ranging b...
- IT cos' Q2FY25 results ahead of estimates. Infosys, LTIMindtree among 9 brokerage buysIndian technology companies exceeded their Q2 earnings forecasts, but their future guidance remained cautious. While some brokerages observ...
- Nifty IT index hits fresh record high; Infosys, LTIMindtree, Tech Mahindra lead the gainsThe Nifty IT index hit a record high on Tuesday, rising 1.4% to 44,240, with all 10 constituents in the positive. Infosys led with a 2.4% i...
- Diwali doublers: InCred gunning for 3 stocks that can gain up to 311% in 3 yearsA bottoms-up stock analysis of companies with strong business momentum, healthy ROE/ROCE profile, at least 15% EPS CAGR for FY24-26F, and a...
- Cyient Q2 Results: Revenue jumps 27% to Rs 1,779 crore on sustainability, transport demandThe company's consolidated net profit saw an over two-fold rise to 1.78 billion rupees in the September quarter from a year earlier.
- Cyient Q3 Results: Revenue jumps 37% QoQ as acquisitions pay offThe Hyderabad-based company benefited from the four acquisitions it did last year, including its largest ever of Finnish engineering servic...
- DSP Small cap mutual fund review: Needs to find footing quicklyThe fund’s performance in recent years has been middling, managing to beat its index yet lagging many of its peers. The fund must find its ...
- Cyient to sell stakes in units offering low returns in 2022The Hyderabad-based company is betting on Covid-led demand for technology solutions to continue for the next few years as more industries a...
- Morgan Stanley recommends staying selective in midcap IT stocksMorgan Stanley has raised target price on Mindtree to Rs 3,450 from Rs 2,800, while maintaining an overweight stance.
- Stocks in the news: Indiabulls Housing, Hero MotoCorp, Indus Towers & Den NetworksIndiabulls Housing Finance (IBH) and mortgage lender HDFC have entered into a strategic co-lending partnership.
- Tepid Q2, weak Q3 outlook, yet this smallcap may be poised to deliver solid returnsAs of Saturday, the stock had with 11 ‘buy’ and five ‘outperform’ ratings against two ‘underperform’ and just one ‘sell’ calls, data from p...
- The week that was in 10 stocks: IT stocks steal the show, Avenue Supermarts declinesIT bellwether Infosys jumped 15.51 per cent last week, helped and logged a new high of Rs 952 on Thursday.
- Stock in the news: RIL, Infosys, Hero MotoCorp, IIFL HoldingsAt 7:55 am, the SGX Nifty was 109.50 points, or 1.03 per cent, up at 10,694.50.
- Stock pick of the week: Cyient is high growth, low-risk bet, here's whyAccording to analysts’, Cyient is expected to report an earnings growth of 19% in 2017-18, significantly above the expected industry growth...
- Hold Cyient, target Rs 550 : Centrum BrokingLed by Q2 revenue beat, the brokerage raised its USD revenue growth assumption to 15.4% for FY17. It expects FY17 to remain strong and mode...
- Bearish on IT sector in medium and long term: Dipan Mehta, BSE & NSE“Look for companies where there is secular growth, look for companies which can deliver that 20% type of bottom line growth rates”
- Infosys Q1 results propel CNX IT index; NIIT Tech, Wipro TechM top gainersHCL Tech, Wipro and Tech Mahindra gained 2.47 per cent, 1.66 per cent and 1.44 per cent, respectively. TCS ended lower.
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