Cyient Ltd. News and Updates

Name: Latest research reports of Cyient Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: Cyient Ltd.
Rating: 3
Author: Chola Wealth Direct

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Cyient Ltd.

20 Oct 2014

1332.60

2.58%

EARNINGS UPDATE - CYIENT

Neutral: Cyient Ltd.

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Chola Wealth Direct

Background: Incorporated in 1991, Infotech is a mid cap IT Company with FY14 revenues of INR 22.1bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. With 12,094 employee's spread across 35 locations, Infotech caters to multiple industries & its clientele includes 22 Fortune 500 & 27 Global 500 blue chip organizations. Infotech established a 49:51 strategic JV with Pratt & Whitney for its associate aerospace engineering company. It operates in two segments: Data Transformation, Network & Operations (DNO) segment catering to utility, transportation & government verticals & contributes 35.2% of revenues while the Engineering (ENGG) segment addresses solutions in the engineering, manufacturing & industrial product verticals & contributes 63.6% of revenues. The company's business is...