Aerospace & Defence and Medical devices verticals. It has complemented its S3 strategy Services, Systems and Solutions with a renewed focus on digital solutions. Cyient also reiterated its FY18 guidance 1) core business growth of double-digit (driven by growth in large clients), 2) 20%+ growth in DLM and 3) operating margin improvement of 50bps YoY. Also, Cyient would continue to focus on M&A.; We maintain BUY with TP of Rs598 based on PER of 14x FY19E. We expect Cyient to outperform sector growth and forecast revenue (US$)/EPS CAGR of 13.6%/13.4% for FY17-19E....