Cyient Ltd.

Cyient is currently trading at Rs. 394.95, up by 5.85 points or 1.50% from its previous closing of Rs. 389.10 on the BSE.

The scrip opened at Rs. 393.55 and has touched a high and low of Rs. 396.30 and Rs. 387.20 respectively. So far 24156 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 514.00 on 06-Feb-2020 and a 52 week low of Rs. 184.15 on 22-May-2020.

Last one week high and low of the scrip stood at Rs. 396.30 and Rs. 365.25 respectively. The current market cap of the company is Rs. 4349.91 crore.

The promoters holding in the company stood at 23.25%, while Institutions and Non-Institutions held 56.71% and 20.04% respectively.

Cyient has signed an MoU with Warangal-based SR University, a leading institution in research and academics. As part of this collaboration, Cyient will help SR University in developing an industry-oriented curriculum focused on advanced manufacturing systems. This will greatly help reduce the skill gap between the need and availability of resources trained in areas such as design for additive manufacturing.

Cyient has been a key promoter and user of additive manufacturing technology and has established polymer and metal additive manufacturing facilities in India and in the US. The company has worked with marquee clients in aerospace and defense, medical technology, energy, industrial, and transportation segments to deliver functionally superior additively manufactured parts with applications in tooling, reverse engineering, and obsolescence management.

In the past year, Cyient has trained over 100 associates in design for additive manufacturing through its comprehensive internal training program. Cyient will share its expertise in the field to further faculty and student research at SR University.

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.