Page 2 - Cyient Limited
Stocks to Watch: RIL, ITC, CRISIL, PVR, GSFC, RBL Bk, Hindustan Zinc, Sugar
Stocks to Watch Today: Bandhan Bank, Compton Greaves, HDFC AMC, HFCL, JSW Steel, Reliance Industries and UltraTech Cement to announce Q1 results on Friday.
 "Stocks to Watch: RIL, ITC, CRISIL, PVR, GSFC, RBL Bk, Hindustan Zinc, Sugar")
Cyient to acquire Singapore-based Grit Consulting for Rs 284 crore
IT company Cyient on Thursday said it will acquire Singapore-based Grit Consulting for $37 million in an all-cash deal.
 "Cyient to acquire Singapore-based Grit Consulting for Rs 284 crore")
IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr
Cyient said that it will be the largest outbound acquisition by an Indian engineering services company and even the company's largest acquisition to date
 "IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr")
Stocks to Watch: RIL, Paytm, ITC, ICICI Bank, HCL Tech, ONGC, NBFCs
Stocks to watch today: Retail investors' shareholding in Paytm doubled in the March quarter to 7.72 per cent
 "Stocks to Watch: RIL, Paytm, ITC, ICICI Bank, HCL Tech, ONGC, NBFCs")
Cyient partners with IIT-Hyderabad for 5G networks research collaboration
As part of the collaboration, Cyient will leverage a 5G core developed by IIT-Hyderabad for testing various digital use cases and interoperability with components
Indian engineering firm Cyient plans to sell stake in underperforming units
'We are aggressively considering what makes sense in our portfolio,' Cyient Managing Director Krishna Bodanapu said
Cyient plans to build software for telcos rolling out 5G networks
The IT company is set to compete with the likes of Tech Mahindra, Altiostar, Rakuten
 "Cyient plans to build software for telcos rolling out 5G networks")
Cyient gets Australia's FIRB clearance, acquisition of IG Partners done
Cyient on Friday said it has received nod from the Foreign Investment Review Board (FIRB) of Australia, and has completed the acquisition of Australian consulting firm IG Partners.
 "Cyient gets Australia's FIRB clearance, acquisition of IG Partners done")
Cyient gains 5% as Q2 consolidated Ebit margin grows 586 bps QoQ to 11%
In the past month, Cyient has underperformed the market by falling 13 per cent, as compared to a 1.5 per cent rise in the S&P BSE Sensex till Thursday.
 "Cyient gains 5% as Q2 consolidated Ebit margin grows 586 bps QoQ to 11%")
Cyient zooms 9% on better-than-expected Q1 performance, positive outlook
The company's Ebit came in at Rs 50.2 crore, up 10.6 per cent than Rs 45.4 crore reported in Q4FY20
 "Cyient zooms 9% on better-than-expected Q1 performance, positive outlook")
Cyient reports worst quarter nos in decade; stock dips 11% to hit 52-wk low
Cyient's Q1FY20 revenue of USD 157 million de-grew by 5.2% QoQ, was worst sequential performance in the past 10 years.
 "Cyient reports worst quarter nos in decade; stock dips 11% to hit 52-wk low")
HCL Technologies, Cyient refute claims in Boeing 737 MAX report
Indian engineers were blamed for faults in planes that crashed
 "HCL Technologies, Cyient refute claims in Boeing 737 MAX report")
Ex-US ambassador Vinai Thummalapally joins Cyient's board
Appointment became effective since April 20
 "Ex-US ambassador Vinai Thummalapally joins Cyient's board")
