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
Cyient DLM's key clients include Honeywell International, ABB, and Bharat Electronics
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
The joint venture underlines the commitment of both partners to the government's 'Make in India' initiative