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Cyient gains on signing statement of intent with Emergent Alliance to enable economic recovery

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

20 May 2020 Evaluate

Cyient is currently trading at Rs. 192.80, up by 0.30 points or 0.16% from its previous closing of Rs. 192.50 on the BSE.

The scrip opened at Rs. 194.95 and has touched a high and low of Rs. 194.95 and Rs. 192.00 respectively. So far 9105 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 573.00 on 21-Jun-2019 and a 52 week low of Rs. 191.60 on 19-May-2020.

Last one week high and low of the scrip stood at Rs. 207.90 and Rs. 191.60 respectively. The current market cap of the company is Rs. 2112.55 crore.

The promoters holding in the company stood at 22.87 % while Institutions and Non-Institutions held 64.25 % and 12.88 % respectively.

Cyient has signed a Statement of Intent with the Emergent Alliance, to use their combined data knowledge to provide new insights and practical applications to the global COVID-19 response. As part of the alliance, the company is working alongside some of the world's largest organizations, data specialists, and governments to support future decision-making on regional and global economic challenges that will get people back to work and help businesses thrive post-pandemic.

The alliance will analyze a broad set of economic, behavioral, and sentiment data to provide new insights and practical applications to aid in the rebuilding of economies and understand the impact of a new normal. This work will be done with a sharp focus on privacy and security, using industry best practices for data sharing and robust governance.

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.

Cyient Share Price

957.10 9.45 (1.00%)

21-Apr-2026 16:01 View Price Chart

Peers

Company Name	CMP
TCS	2610.55
Infosys	1313.10
HCL Tech.	1441.55
Wipro	205.05
Tech Mahindra	1500.35
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Cyient gains on signing statement of intent with Emergent Alliance to enable economic recovery

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