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Revenue from operations increased 13.3 per cent to Rs 1,183.4 crore during the quarter under review as compared to Rs 1,044.3 crore in the ...

Cyient Ltd., incorporated in the year 1991, is a Mid-Cap company (with a market cap of Rs 11503.97 Crore) operating in IT Software sector.

The stock is down ~50% in 3 months and trades at P/E valuation of 10.0/8.7 times FY21/22E (vs. 5-year average of 13.5 times).

Cyient is a midcap company, operating in information technology sector.

Revenue increased marginally to Rs 1,089 crore in April-June quarter as against Rs 1,080 crore in the year-ago period.

Its revenue grew 12.8 per cent to Rs 1,061.8 crore in the said quarter compared with Rs 941 crore a year earlier.

Buy Cyient Ltd. at a price target of Rs 755.0 .