CYIENT
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Cyient shares surge 8% on investor day, analysts flag 24% downside
Cyient shares jumped 8% following its investor day, making it the top gainer in the 'A' group, but brokerages remain cautious, citing potential downside of up to 24%. The rally appears driven by investor enthusiasm rather than fundamental upgrades, as analysts point to valuation concerns and execution risks.
Cyient Q1 profit doubles, margin improves
3 Min Read Electronic Manufacturing Services (EMS) firm Cyient Ltd on Thursday (July 23) reported a 90% quarter-on-quarter increase in consolidated net profit to ₹104 crore for the first quarter of FY27, compared with ₹55 crore in the previous quarter. Revenue rose 7.7% sequentially to ₹2,076 crore from ₹1,927 crore, while earnings before interest and taxes (EBIT) increased 20% to ₹187 crore from ₹156 crore. EBIT margin improved to 9% from 8.1% in the preceding quarter.
Cyient shifts to IP-led engineering platform, broker sets target
Target: ₹1,350 CMP: ₹1,052.45 Cyient has repositioned itself from a traditional ER&D vendor selling design capacity to an IP-led intelligent engineering platform that monetises the full asset lifecycle, with value creation now spread across three pillars: the core DET services business, the 52 per cent-owned DLM franchise and the recently constructed semiconductor vertical.
Cyient outlines growth priorities; JPMorgan sets Rs 1,050 target
3 Min Read Shares of Cyient Ltd. opened higher on Wednesday, August 26, after the IT services company outlined its growth and margin priorities at its investor day, with brokerages offering mixed views on the pace of recovery. Cyient said reaccelerating growth is its near-term priority, with the company targeting double-digit year-on-year revenue growth and steady quarter-on-quarter growth through FY28-29.
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