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CYIENT REVENUE GROWTH
Cyient shares rally 9% after Q2 revenue rises 25%; board declares Rs 12/sh interim dividendCyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27. Net...- Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
- Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
- IT companies forecast to post muted second quarterSector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending Se...
- Small-tier IT punches above their weight as AI levels the fieldSmaller IT and digital engineering firms are winning larger contracts as AI helps them compete for transformation projects once dominated b...
- Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s whyCyient shares jumped 8% after the IT services company outlined its growth and margin roadmap at its investor day. Management is targeting d...
- Buy, Sell or Hold: Morgan Stanley maintains overweight on Varun Beverages; Nuvama retains hold on CyientMorgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maintained a Hold on Cyient and raised ...
- Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, Vedanta Power and 32 othersSunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The...
- Cyient CEO Karthikeyan Natarajan quits after poor Q3 profitCyient's CEO Karthikeyan Natarajan resigns after a brief tenure, triggering over a 20% drop in share prices. The company recently posted we...
- Cyient to sell 14.5% stake in arm Cyient DLM via block deal on WednesdayCyient's board authorised the sale of a 14.50% stake in its subsidiary, Cyient DLM Limited, via a block deal expected to complete by August...
- ER&D firm Cyient's Q1 profit declines 23.8% to Rs 144 croreUnlike the previous quarter when the firm saw deal wins from Airbus and Deutsche Aircraft, the ER&D (engineering and research and developme...
- Cyient’s profit grew 22% to Rs 196 crore in Q4Riding on deal wins in the fourth quarter from Airbus and Deutsche Aircraft, the ER&D (engineering and research and development) firm saw i...
- 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 hires new VP of sales for its key Aerospace andDefense unitMillard has over 20-years experience and in her new role will be responsible for accelerating sales through growth and expansion in the Nor...
- Brokerages slash Cyient target pricesMorgan Stanley has cut EPS estimates by 5-7 per cent to reflect weaker growth.
- Accumulate Cyient, target Rs 621: Prabhudas LilladherAccumulate Cyient at a price target of Rs 621.
- Cyient nosedives on revenue woesMorgan Stanley retained its overweight rating on the stock citing cheap valuations.
- Cyient Q3 net profit up 14% at Rs 94 croreIts revenue increased 17.1 per cent to Rs 917.06 crore in the said quarter against Rs 783.07 crore in the year-ago period.
- Cyient Q2 net up 24.4 per cent at Rs 90.1 croreCyient has also signed a definitive agreement to acquire a majority stake in Invati Insights, a start-up data sciences company.
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