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Cyient trades high on the bourses

Cyient Ltd. | IT - Software | IT & ITES | BSE: 532175 | NSE: CYIENT

23 Feb 2016 Evaluate

Cyient is currently trading at Rs. 413.75, up by 3.25 points or 0.79% from its previous closing of Rs. 410.50 on the BSE.

The scrip opened at Rs. 412.50 and has touched a high and low of Rs. 418.25 and Rs. 411.65 respectively. So far 618 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 641.00 on 15-Oct-2015 and a 52 week low of Rs. 370.50 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 433.00 and Rs. 393.20 respectively. The current market cap of the company is Rs. 4654.00 crore.

The promoters holding in the company stood at 22.18% while Institutions and Non-Institutions held 64.53% and 13.28% respectively.

Cyient will establish a state of-the-art Technology Development Center in Warangal, in the Madikonda Special Economic Zone (SEZ) of the Telangana State Industrial Infrastructure Corporation (TSIIC). The company’s technology development center will focus on advanced geographic information systems (GIS), remote sensing, and photogrammetry technologies, catering to a host of solutions for the transportation (navigation), utilities, and communications sectors. Additionally, the center will have world-class spatial data analytics solutions to address the requirements of specialized geospatial data processing services, using light detection and ranging (LiDAR) and other point cloud technologies. The facility will support the company’s worldwide digital technology initiatives, including those in IoT, big data analytics, and smart cities, and cater to the company’s global clients.

Set in a sprawling five-acre campus, the planned Cyient Technology Development Center will cover an area of 70,000 square feet, supported by high-speed data networks for real-time online transactions. Initially, the facility will commence operations in April 2016, at the incubation center of TSIIC. Employing approximately 1000 professionals over the next 18-24 months, the company expects the initiative to contribute to the development of the region and bring technology industry to tier-2 cities like Warangal.

Cyient, formerly Infotech Enterprises is a company focussed on engineering, networks and operations. The company features among the top 30 outsourcing companies in the world.

Cyient Share Price

961.60 -6.10 (-0.63%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Cyient trades high on the bourses

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