Cyient is currently trading at Rs. 672.35, up by 4.25 points or 0.64% from its previous closing of Rs. 668.10 on the BSE.
The scrip opened at Rs. 670.00 and has touched a high and low of Rs. 682.00 and Rs. 670.00 respectively. So far 12924 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. 571.10 on 29-Jan-2019.
Last one week high and low of the scrip stood at Rs. 682.00 and Rs. 650.00 respectively. The current market cap of the company is Rs. 7560.91 crore.
The promoters holding in the company stood at 22.10%, while Institutions and Non-Institutions held 66.98% and 10.92% respectively.
Cyient will execute a project for UK Power Networks, the UK's largest electricity distribution network operator. As part of the innovation project, called ‘Network Vision’, the company will develop an online outage planning and tracking integration portal that will help optimize distributed energy generation performance and deliver cost savings of as much as Pound Sterling 1 million per year.
The company's solution development team is working in collaboration with UK Power Networks to design and build the outage planning and tracking portal from the ground up. This will allow UK Power Networks to automate current processes and streamline how upgrades and maintenance tasks are scheduled.
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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