Cyient

Engineering services company Cyient acquires 27.3% stake in Azimuth AI

The acquisition is part of the company's strategic expansion of its semiconductor business. In July last year, the company announced the establishment of a fully owned subsidiary

Cyient stock rallies up to 4% on incorporating wholly owned subsidiary

The rise in the Cyient share price came after the company announced that it has incorporated Cyient Semiconductors Private Limited as a wholly owned subsidiary of the company.

Baroda BNP Paribas MF starts dividend yield fund for steady returns

Private equity firm General Atlantic has exited PNB Housing Finance, selling its entire 5.13 per cent stake in the company on Wednesday

Cyient's stock plunges 9% after weak Q1FY25 results; check details here

Shares of engineering research and development firm fell as much as 8.99 per cent at 1724 per share on the BSE in Friday''s intraday trade

Cyient to set-up subsidiary for semiconductor business; stock rallies 7%

The uptick in stock price came after the company announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary

Buy ideas for May 16: Cyient, Aether, Clean Science; check target prices

Following a correction of roughly 60 points, equating to a notable 7 per cent downturn, Aether has shifted its course away from the prior support mark of Rs 800

Cyient, KPIT, Tata Tech: Analysts cut FY25 earnings of E&RD cos; here's why

Except KPIT, which is continuing to benefit from tailwinds in the automotive sector and strategic partnerships with OEMs, most E&RD players saw either flat or declining margins on a sequential basis

Cyient Q4 results: Net profit rise 15.9% at Rs 189 crore, revenue up 6.3%

The company's digital, engineering and technology segment accounted for 80% of its overall revenue

Cyient Q3 results: Profit drops 2% to Rs 153 crore, narrows guidance

The Hyderabad-headquartered company's consolidated net profit dropped 2% to 1.53 billion rupees ($18.42 million) for the quarter ended Dec. 31

Cyient Q2FY24 results: Consolidated net profit jumps 132% YoY to Rs 183 cr

The revenue from operations for Q2FY24 came in at Rs 1778.5 crore, compared to Rs 1396.2 crore year-on-year

Cyient surges 140% so far in CY23; Cyient DLM zooms 179% over issue price

Shares of Cyient and its subsidiary Cyient DLM hit their respective all-time highs on Tuesday as they rallied up to 19 per cent on the BSE in the intraday trade

India's Cyient posts Q1 profit jump but misses estimates as costs rise

Cyient Ltd reported a 45% rise in quarterly profit that just missed analysts' estimates as rising expenses at the engineering and IT services company offset strong order pipeline

Cyient DLM makes strong debut; stock lists at 52% premium over issue price

The stock was listed at Rs 403, a 52 per cent premium over its issue price of Rs 265 per share on the National Stock Exchange.

Cyient DLM IPO to open on Jun 27, sets price band at Rs 250-265 per share

Electronic manufacturing services firm Cyient DLM Ltd on Thursday said it has fixed a price band of Rs 250-265 per share for its initial public offering (IPO), which will open for subscription on June 27. The initial share sale will conclude on June 30 and the bidding for anchor investors will open on June 26, the company said in a statement. Cyient DLM's IPO is a purely fresh issue of equity shares aggregating up to Rs 592 crore with no offer for sale (OFS) component. The company has already undertaken a private placement of 40.75 lakh equity shares worth Rs 108 crore. Funds raised through the IPO would be utilised for funding incremental capital requirements, capital expenditure, debt payment, achieving inorganic growth through acquisitions as well as for general corporate purposes. The company said that 75 per cent of the issue has been reserved for qualified institutional buyers (QIBs), 15 per cent for non-institutional investors, and the remaining 10 per cent for the retail .

Cyient surges 9%, nears 52-week high on healthy business outlook

Thus far in the calendar year 2023 (CY23), the stock price of Cyient has zoomed 74 per cent, as against 2.5 per cent rise in the S&P BSE Sensex.

IT mid-caps stick to steady growth amid uncertain macroeconomic environment

Firms such as Persistent Systems (Persistent), Coforge, KPIT Technologies (KPIT), and Cyient performed better on key performance metrics

Nifty Smallcap index crosses 200-DMA; these 9 stocks may rally up to 40%

The Smallcap index seems poised to hit the 10,000-mark.

Cyient reports 48.3% surge in Q4 revenue on strong deal pipeline

Revenue from the services segment was at Rs 1,448 crore, up from Rs 984 crore a year earlier

Cyient shares jump 5% in mid-session trade after firm rejigs top leadership

Shares of Cyient on Wednesday jumped 5 per cent in the mid-session trade after the IT company rejigged its top management. The stock of the firm zoomed 5.07 per cent in the mid-session trade at Rs 1,045 apiece on the BSE. During the intra-day trade, the stock touched its 52-week high of Rs 1,049.80 per share. On the NSE, it climbed 4.97 per cent to Rs 1,044.15 per piece. In the mid-session trade, the 30-share BSE Sensex is trading 522.92 points or 0.88 per cent higher at 59,626.22 points. On Monday, IT company Cyient said that it has rejigged top management roles with the elevation of its managing director and CEO Krishna Bodanapu to the position of executive vice-chairman and MD.

Cyient rejigs top leadership, appoints Karthik Natarajan as CEO

IPO-bound IT company Cyient has rejigged top management roles with the elevation of its managing director and CEO Krishna Bodanapu to the position of executive vice-chairman and MD. The company has elevated executive director (ED) and Chief Operating Officer Karthik Natarajan as ED and CEO. "With immediate effect, Cyient's board of directors has appointed Krishna Bodanapu as Executive Vice Chairman and Managing Director of Cyient Limited. Karthikeyan (Karthik) Natarajan has been appointed as CEO and continues to be Executive Director of Cyient Limited," the company said in a statement. The board of directors of Cyient Limited had approved the reorganization of the company into two separate operating entities to foster their individual growth momentum. Subsequently, a Draft Red Herring Prospectus (DRHP) was filed to take the Design Led Manufacturing (Cyient DLM) business through an Initial Public Offer (IPO) with the Indian market regulator. Cyient has appointed President and Globa