Cyient Ltd. News and Updates

Name: Latest research reports of Cyient Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Cyient Ltd.
Rating: 4
Author: IDBI Capital

Keep track of all breaking news on Cyient Ltd. from all sources in a single place.

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Cyient Ltd.

07 Nov 2016

1300.20

0.53%

Cyient signs pact to acquire UK-based Blom Aerofilms

Business Line

IT services firm Cyient Ltd today said it has signed a definitive agreement with Blom ASA to acquire 100 per cent stake in Blom Aerofilms, a UKbased digital mapping and ground survey provider....

Cyient Ltd. is trading below its 100 day SMA of 1427.2

Cyient in pact to buy UK-based geospatial firm

Business Line | 07 Nov 2016 2 more

Cyient Ltd.

19 Oct 2016

1300.20

0.53%

Cyient appoints new head for semiconductor biz

Business Line

Cyient, formerly Infotech Enterprises Ltd, has appointed Suman Narayan as Senior Vice-President and Head for the Semiconductor Business Unit. Prior to this appointment, Suman Narayan had worked for...

Cyient Ltd. has lost -25.84% in the last 1 Year

Cyient Ltd.

18 Oct 2016

1300.20

0.53%

Result Review of Cyient Ltd

Accumulate: Cyient Ltd.

Target

IDBI Capital

second straight quarter. Cyient added 23 new clients during the quarter. For FY17, Cyient has maintained its guidance for core business revenue growth of 10%+ and a 50%+ growth in DLM (design led manufacturing) business i.e., Rangsons. It has also maintained its EBITDA margin target of flattish margin YoY resulting in a double digit earnings growth....

Cyient Ltd. has gained 10.26% in the last 1 Week

Cyient Ltd.

17 Oct 2016

1300.20

0.53%

Cyient Ltd

Hold: Cyient Ltd.

Target

ICICI Securities Limited

Cyient will report rupee revenue, PAT CAGR of ~16% each in FY16-18E deepak.purswani@icicisecurities.com (average 13.9% EBITDA margins in FY17-18E), vs. 21%, 18.5% CAGR...

Cyient Ltd. has lost -27.83% in the last 6 Months

Cyient Ltd.

17 Oct 2016

1300.20

0.53%

EARNING UPDATE - CYIENT LTD.

Buy: Cyient Ltd.

Recommendation Target

Chola Wealth Direct

Background: Cyient is a mid cap IT Company with FY16 revenues of INR 31.0bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. In 2QFY17: Ex- DLM business, revenue share by geography: Americas (59.0%), Europe, Middle East, Africa & India (24.0%), and Asia Pacific (17.0%). Revenue share by business unit: Aerospace and Defense (36.8%), Transportation (9.4%), Industrial energy & Natural resources (9.3%), Semiconductor (4.1%), Medical & healthcare (1.9%), Utilities & Geospatial (16.7%), Communication (21.8%). Design Led Manufacturing Business: Revenue bu segment, Aerospace and defense (10.7%), Industrial (29.5%), Medical (12.4%), Communication (46.4%) and others (1.1%). Onshore/Offshore split: Onshore (40.1%), Offshore...

Cyient Ltd. has lost -27.83% in the last 6 Months

Cyient Ltd.

14 Oct 2016, 11:51AM

1300.20

0.53%

Cyient (2QFY17): Good show, priced in. Maintain NEUTRAL

Neutral: Cyient Ltd.

Target

HDFC Securities

Cyients 2Q robust performance (beat on both revenues and margins) was led by the Utilities Geospatial & Communication (UGC) and Rangsons ( 34% QoQ). Growth was lop-sided as the core engineering business (54% of revenue) grew by only 0.9% QoQ. Sustainability of current growth rate in 2H will be a challenge, unless we see meaningful traction in engineering business.

Cyient Ltd. has lost -25.84% in the last 1 Year

Cyient Ltd.

14 Oct 2016, 11:34AM

1300.20

0.53%

In It, only midcaps will outperform: Deepak Shenoy

Economic Times

Midcap IT includes names like Cyient, Persistent. Brexit and the pound are going to have a significant effect on some of their numbers.

Cyient Ltd. is trading below its 100 day SMA of 1427.2

Cyient Ltd.

14 Oct 2016

1300.20

0.53%

Cyient Ltd: 25th Year Milestone Quarter Outperformed on Revenue Growth, Highest ... (Oct 14, 2016)

Hold: Cyient Ltd.

Recommendation

Karvy

25th Year Milestone Quarter Outperformed on Revenue Growth, Highest in 22 Quarters: H1FY17 supported by a strong Q2 growth, but second half may witness a sluggish growth in the beginning due to less business days available during Q3FY17E. Cyienthas posted a revenue growth of 9.4% in INR terms and 9.5% growth in dollar terms during Q2FY17.

Cyient Ltd. has an average target of 1625.14 from 7 brokers.

Cyient Ltd.

13 Oct 2016

1300.20

0.53%

Cyient surges on strong Q2 results

Business Standard

The stock rallied 14% to Rs 552 after the company posted 31% QoQ growth in consolidated net profit at Rs 97.25 crore for the quarter ended September 30, 2016.