Cyient Share Price, April 25 -- Shares of Cyient, one of India's leading IT companies, plunged 9.5% in intraday trade on Friday, April 25, falling to Rs.1,125 apiece. With today's decline, the stock has lost nearly 7% of its value this month and is now trading 52% below its all-time high of Rs.2,458, recorded in December 2023.
The sharp fall in Cyient's stock followed multiple brokerage firms trimming their target prices after the company's March quarter results (Q4FY25) fell short of analyst expectations. Additionally, the management refrained from issuing guidance for fiscal year 2026, citing prolonged macroeconomic headwinds.
The Design, Engineering, and Technology (DET) segment-accounting for over 77% of Cyient's total revenue-repor...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.