The shares of the engineering and technology solutions provider gained up to 5 percent after HDFC Mutual bought an additional 6,23,896 equity shares via Bulk Deal.
Price Movement
With a market capitalization of Rs 12,675.09 crore, the shares of Cyient Ltd were trading at Rs 1,141.50 per share, increasing around 1.70 percent as compared to the previous closing price of Rs 1,122.40 apiece.
Reason For Rise
The shares of Cyient Ltd have seen positive movement after HDFC MF acquired an additional 6.23 lakh equity shares in the company at an average price of Rs 1,099 per share, amounting to Rs 68.56 crore. Earlier, HDFC held 22,33,112 equity shares, which is equivalent to 2.01 percent of the company.
However, NWBP, as the depository participant (DP) of First State Indian Subcontinent Fund A Sub Fund of FS INVTS ICVS, sold ~6.79 lakh shares at an average price of Rs 1,099.72 per share, valued at Rs 74.74 crore.
Financial Performance
The company reported a zoom of 6 percent YoY in revenue from operations from Rs 1,821 crore in Q3FY24 to Rs 1,926 crore in Q3FY25. Their Net profits also slipped by 16 percent YoY from Rs 153 Crore to Rs 128 crore over the same period.
Also read: Tata Group stock jumps over 6% after reporting strong Q4 business update
Business Performance
Cyient Ltd. reported its highest-ever order intake in Q3 FY25, securing 13 large deals and showcasing strong operational performance. With an all-time high order pipeline, management anticipates a solid Q4 FY25, calling it a “decent growth quarter,” and expects strong results for FY26.
Market Dynamics
The management observed improved client spending across key verticals, boosting confidence in FY26 revenue growth. Strategically positioned to harness technological advancements and evolving market needs, the company remains focused on aligning solutions with customer demands, ensuring sustained growth and competitive advantage.
Margin Guidance
Cyient is implementing Phase II of its structured cost optimization program, targeting a 100–150 basis points improvement in EBIT margins by FY26. The company also aims to boost its offshoring percentage to further enhance margins and drive overall operational efficiency.
Company Overview
Cyient Limited is an India-based global engineering and technology solutions company. The Company is engaged in providing global technology services and solutions, specializing in geospatial, engineering design, information technology solutions, and data analytics.
Written by Abhishek Singh
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