Shares of Persistent Systems plunged 4.62 per cent to Rs 4,973.50. Coforge shares slipped 3.82 per cent to Rs 4,418. 40. Mphasis, Cyient and Zensar Technologies declined 3.71 per cent, 3.10 per cent and 2.80 per cent, respectively. LTIMindtree dropped 2.14 per cent to Rs 4,838.

IT stocks: Weak EPAM guidance sends Persistent, Mphasis, Coforge, Cyient shares falling; TCS, Infosys down 2% each

The domestic indices rose today led by strong buying interest in banks, financials, metals, consumer and automobile stocks. The 30-share BSE Sensex climbed 260 points or 0.42 per cent to trade at 62,688, while the broader NSE Nifty moved 81 points or 0.44 per cent higher to trade at 18,568.

Sensex rises over 250 points, Nifty trades above 18,550; Cyient, Zomato & Nuvoco jump up to 8%

Cyient dividend: The IT firm recently fixed June 12 as the cut-off date for the purpose of final dividend and e-voting in connection with the Annual General Meeting of the company scheduled to be held on June 21.

Cyient shares climb 10% to hit record high, breach Rs 1,500 level for 1st time ever. Here’s why

Stocks In Focus: Auto And Metals Stocks, Cyient, Sobha And More Stocks In Focus | SMC Global Securities’ Saurabh Jain shares insight on buzzing stocks and his top picks. Stocks In Focus | SMC Global Securities’ Saurabh Jain shares insight on buzzing stocks and his top picks.

Stocks In Focus: Auto And Metals Stocks, Cyient, Sobha And More

The company has fixed June 12 as the end date for the final dividend declared during the fourth-quarter results.

Cyient Shares Gain The Most In 13 Months After Board Sets Record Date For Final Dividend

#SMC Global Securities' Saurabh Jain shares insight on buzzing stocks and his top picks #BQLive #BQStocks #StocksInFocus 

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Stocks In Focus: Auto And Metals Stocks, Cyient, Sobha And More | BQ Prime

Thus far in the calendar year 2023 (CY23), the stock price of Cyient has zoomed 74 per cent, as against 2.5 per cent rise in the S&P BSE Sensex.

Cyient surges 9%, nears 52-week high on healthy business outlook

Motilal Oswal is bullish on Cyient recommended buy rating on the stock with a target price of Rs 1450 in its research report dated May 18, 2023.

Buy Cyient; target of Rs 1450: Motilal Oswal

IT overall has underperformed both in terms of large caps. Some midcaps have actually done very well like Cyient etc. So I think it has become a question of the drivers of growth for particular companies.

Future returns of Asian Paints could be muted: Sandip Sabharwal

In our special segment 'Ideas For Profit', money control com's Nitin Sharma tells us why Cyient is an interesting stock to bet on.

#cyient #cyientstock #cnbctv18  #businessnews  #businessnewstoday #businessnewsinenglish #sharemarkettoday 

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Money Control Pro Ideas For Profit: Cyient | Chartbusters | CNBC-TV18

Geojit recommended accumulate rating on Cyient with a target price of Rs 1360 in its research report dated May 02, 2023.

Accumulate Cyient; target of Rs 1360: Geojit

Price return has been average, nothing exciting

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