Cyient Ltd.

BSE: 532175 | NSE: CYIENT
Small Cap | IT - Software
840.60
10.70 (1.29%)
< Home < Back

Cyient surges on inking non-exclusive business alliance with Suntech

Date: 24-10-2018

Cyient is currently trading at Rs. 620.00, up by 8.35 points or 1.37% from its previous closing of Rs. 611.65 on the BSE.

The scrip opened at Rs. 619.75 and has touched a high and low of Rs. 623.85 and Rs. 613.90 respectively.

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. 520.00 on 07-Nov-2017.

Last one week high and low of the scrip stood at Rs. 693.30 and Rs. 603.40 respectively. The current market cap of the company is Rs. 6913.85 crore.

The promoters holding in the company stood at 22.10%, while Institutions and Non-Institutions held 67.38% and 10.52% respectively.

Cyient has signed a non-exclusive business alliance agreement with Suntech. Through this agreement, Cyient and Suntech intend to jointly pursue business opportunities globally in the communications industry by leveraging their technical proficiency, market reach, and domain knowledge.

The company’s expertise in system integration, operational excellence and global delivery model combined with Suntech's advanced and specialized technology will offer customers best in class OSS solutions.

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.