Cyient gains despite reporting 2% fall in Q1 consolidated net profit

18 Jul 2016

Cyient is currently trading at Rs 490.00, up by 18.00 points or 3.81% from its previous closing of Rs 472.00 on the BSE.

The scrip opened at Rs. 477.00 and has touched a high and low of Rs. 494.75 and Rs. 477.00 respectively. So far 9917 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. 518.00 and Rs. 469.05 respectively. The current market cap of the company is Rs. 5502.81 crore.

The promoters holding in the company stood at 22.20%, while Institutions and Non-Institutions held 64.63% and 13.17% respectively.

Cyient has reported a 41.36% fall in its net profit at Rs 41.43 crore for the quarter ended June 30, 2016 as compared to Rs 70.66 crore for the same quarter in the previous year. The company’s total income decreased by 14.65% to Rs 320.12 crore for the quarter under review from Rs 375.1 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 2.20% fall in its net profit after taxes, minority interest and share of profit of associates and Joint Ventures at Rs. 73.97 crore for the quarter ended June 30, 2016 as compared to Rs75.64 crore for the same quarter in the previous year . Total Income of the company increased by 11.45% to Rs. 841.2 crore for the quarter under review from Rs. 754.72 crore for the same quarter ended June 30, 2015.

Related Cyient Ltd. Links:

Cyient Share Price

396.85 -1.45 (-0.36%) Nov 15, 15:05
1 Year Price Chart
Peers
Company Name CMP
TCS 2188.00
Infosys 705.20
HCL Tech. 1145.00
Wipro 252.60
Tech Mahindra 751.90
View more..
Sensex vs Cyient
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463