Cyient Ltd.

NSE: CYIENT | BSE: 532175 | ISIN: INE136B01020 | Industry: IT Consulting & Software
| Mid-range Performer
1290.2000 -8.00 (-0.62%)
NSE May 20, 2025 15:31 PM
Volume: 373.4K
 

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Cyient Ltd.
19 Jul 2019
1290.20
-0.62%
ICICI Securities Limited
It was a disappointing start to the year with overall revenue decline of 5.2% QoQ. Issues in large clients in aerospace & defence (A&D;) segment and communication segment continue to linger on growth in the recent quarter as well. Further, inferior execution also supported the decline. Services segment witnessed a drag of 6.1% sequentially (-3.4% YoY) to US$137.9 million which could suggests bottoming out of revenue decline. However, a recovery in Q2FY20E and beyond needs to be watched. Still, taking into account the considerable miss in revenue in Q1FY20 and limited visibility...
Cyient Ltd. is trading below its 100 day SMA of 1406.2
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