Cyient is currently trading at Rs. 600.00, up by 8.55 points or 1.45% from its previous closing of Rs. 591.45 on the BSE.
The scrip opened at Rs. 606.80 and has touched a high and low of Rs. 606.85 and Rs. 595.00 respectively. So far 4501 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 887.00 on 11-May-2018 and a 52 week low of Rs. 577.30 on 18-Jan-2019.
Last one week high and low of the scrip stood at Rs. 636.20 and Rs. 577.30 respectively. The current market cap of the company is Rs. 6813.20 crore.
The promoters holding in the company stood at 22.10%, while Institutions and Non-Institutions held 66.98% and 10.92% respectively.
Cyient has signed a definitive agreement to acquire the remaining 26% stake in one of its subsidiaries -- Cyient DLM to take the overall stake to 100%. This acquisition will position the company strongly to expand into high-technology and high-value design-led systems and solutions in line with the Cyient's S3 strategy.
Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.
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