Cyient Ltd.

NSE: CYIENT | BSE: 532175 | ISIN: INE136B01020 | Industry: IT Consulting & Software
| Falling Comet
1302.8000 12.90 (1.00%)
NSE Jul 09, 2025 11:17 AM
Volume: 133.5K
 

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Cyient Ltd.
18 Oct 2018
1302.80
1.00%
HDFC Securities
Maintain BUY with a TP to Rs 850, implying 16x Sep-20 earnings. Cyient delivered strong performance in 2QFY19, both on the revenue and margin front. Revenue at USD 168.9mn was up 5.0% QoQ and 6.5% CC (higher than our est. of USD 166.6mn) led by strong DLM (14% of rev, +27% QoQ). Services (86% of rev, +3.5% QoQ CC) growth was in-line with expectations. Communication (+4.5% CQGR) & Transportation (+6.0% CQGR) are fueling growth while the largest vertical, Aerospace & Defence (+1.7%) growth will pick-up from 4QFY19E.
Cyient Ltd. has lost -27.34% in the last 1 Year
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