Cyient DLM secures Boeing contract for 787 Dreamliner Battery Diode Module, showcasing expertise in aerospace electronics manufacturing.

Cyient DLM bags Boeing 787 Dreamliner BDM production contract

The brokerage expects Ebit margins to decline in the coming quarters due to revenue de-growth in Q1 which will further impact on full year.

Cyient Q1 Results Review - Weak Numbers; Right Shifting Of Projects: IDBI Capital

Cyient DET has posted a net profit of ₹141 crore in the quarter ended June 30, 2024, registering a decline of 17 per cent over the same quarter last year

Cyient DET profit down by 17% at ₹141 cr

Cyient sharply lowered its Y25 guidance, which is now one of the lowest among midcap and smallcap peers. The broad-based decline across verticals raises uncertainty on growth recovery path, Nuvama said.

‘Shocking quarter’: Cyient cuts FY25 guidance; analysts share stock price target

Cyient stock slipped 9% to Rs 1724 on BSE against the previous close of Rs 1894.35. Market cap of the firm fell to Rs 19,434 crore on BSE.

Cyient shares plunge 9% on weak Q1 earnings, what’s next?

BASF India Ltd, Cyient Ltd, Route Mobile Ltd and JTL Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 26 July 2024.

MMTC Ltd leads losers in ‘A’ group

Cyient dropped 7.82% to Rs 1,746.20 after the IT major reported 23.94% fall in consolidated net profit to Rs 143.9 crore on 9.94% decline in revenue from operations to Rs 1,675.7 crore in Q1 FY25 over Q4 FY24.

Cyient slumps after Q1 PAT slides 24% QoQ to Rs 144 cr

Sensex News: India’s benchmark indices, Nifty50 and Sensex, opened higher on Friday after five sessions of losses, driven by gains in IT and energy stocks. Key gainers included Bharti Airtel, Kotak Bank, Tata Steel, TCS, SBI, and Infosys. Tech Mahindra fell despite positive revenue estimates, while AU Small Finance Bank and Cyient saw significant share price movements.

Sensex breaks 5-day losing streak, surges over 600 pts; Nifty above 22,600

Cyient shares fell 9% to Rs 1,724 on Friday after the company reported a decline in June-quarter profit due to project execution delays. The first-quarter net profit dropped 23.8% sequentially to Rs 144 crore, and decreased 18.6% YoY for the Hyderabad-based firm.

Cyient shares decline 9% on weak Q1 results. What should investors do?

Shares of engineering research and development firm fell as much as 8.99 per cent at 1724 per share on the BSE in Friday″s intraday trade

Cyient’s stock plunges 9% after weak Q1FY25 results; check details here

Cyient reported a net profit of Rs 148 crore for the quarter ended June, compared to Rs 197 crore in the same quarter of the previous fiscal year.

Cyient Shares Tumble After Q1 Profit Fall Prompts Nuvama Target Price Cut

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Cyient Limited is engaged in providing software-enabled engineering and geographic information system (GIS) services. The Company's segments include Data & Network Operations , Engineering, Manufacturing, Industrial Products and Product Realisation.

Cyient Ltd