Cyient is currently trading at Rs. 489.00, up by 22.45 points or 4.81% from its previous closing of Rs. 466.55 on the BSE.
The scrip opened at Rs. 499.00 and has touched a high and low of Rs. 509.00 and Rs. 487.00 respectively. So far 25353 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 555.00 on 13-Oct-2016 and a 52 week low of Rs. 416.05 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 509.00 and Rs. 459.00 respectively. The current market cap of the company is Rs. 5515.75 crore.
The promoters holding in the company stood at 22.18%, while institutions and non-institutions held 64.64% and 13.17% respectively.
Cyient has collaborated with Amdocs to implement GE’s Geographical Information System (GIS), Smallworld, as part of the Next-Generation Business/Operations Support System (NGBOSS) project for NetLink Trust. The NGBOSS project is aiming to improve the user experience for NetLink Trust’s customers with faster deployment of new fiber networks while reducing fault repair and outage times, as well as delivering improved service quality.
As part of the overall solution, Amdocs will deliver a comprehensive BSS/OSS suite that includes an online portal, billing, order orchestration and service order management, workforce management, and service assurance components. Amdocs will assume the role of solution provider and will also act as the prime system integrator of third-party software and hardware. Cyient will install and configure GE Smallworld 5.1 GIS, enabling NetLink Trust to plan and design modules to model Fiber to the x (FTTx), including homes and businesses.
The project includes end-to-end operations support planning, operations, fulfillment and assurance teams, consolidation, as well as migration of the business processes and network data from existing systems to new systems without disturbing the current operations. Ongoing maintenance and support of the GIS subsystem/component will also be provided by Cyient in the effort to ensure that the implemented solution continues to provide NetLink Trust’s customers with an uninterrupted service.