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Cyient: ICICI Securities Bullish on Growth Pivot, Maintains Add Rating — Check Revised Target Price
ICICI Securities believes Cyient's valuations remain attractive, given its improving growth profile and ongoing transformation.
Analysts split on Cyient after $218-mn TAO Digital acquisition; stock up 2%
While Emkay Global retained its 'Reduce' rating on Cyient, Choice Institutional Equities maintained a 'Buy' call, reflecting contrasting views on the strategic and financial implications of the deal
Stocks to buy: Sagar Doshi suggests Cyient, Timken India, JBM Auto shares to buy
Indian equity markets opened lower on June 2, with the Nifty 50 down 0.66% and the Sensex falling 0.43%. Concerns over the Middle East conflict and foreign investor selling contributed to the decline, with significant losses in major sectoral indices and the broader market.
Cyient’s largest acquisition puts spotlight on buyouts by mid-sized IT companies to boost revenue
Acquisitions have taken the shopping bills of the country’s 15 largest IT services companies to $5 billion since April last year, helping them to increase revenue.
Cyient shares gain after company announces $218 million acquisition of Tao Digital
Tao Digital's financials have improved over the last three years: from $19.7 million in CY23, to a 155% surge in CY24 to $50.3 million, which then increased by another 57% to $79.1 million in CY25.
Cyient to acquire 100% stake in Tao Digital Solutions Inc.
At an enterprise value of USD 218 million
What does the future hold for Cyient’s stock?
Over the last few years, Cyient stock has been plagued by revenue growth challenges and margin pressures at the company.
Cyient Semiconductors ties up equity investment of Rs 100 cr from Edelweiss
Along with USD 20 million funding via structured debt
Cyient Semiconductors launches its first family of GaN power ICs
Cyient Semiconductors launched seven new gallium nitride (GaN) power devices for the Indian market, developed using Navitas Semiconductor's (Nasdaq: NVTS) industry leading GaN technology.
Q4 Results Live Highlights: IEX Announces Dividend, Cyient Approves Buyback Worth Rs 720 Crore; Infosys Beats Estimates
Heavyweights across IT, banking, financial services and energy are scheduled to declare their numbers, led by Infosys, Adani Energy Solutions, Union Bank of India, and Tata Capital.
Cyient approves Rs 720 crore share buyback as Q4 profit falls sharply. Check premium
Cyient approved a share buyback while reporting a sharp decline in quarterly profit due to one time charges, even as revenue remained strong, reflecting resilient operations and continued investments despite earnings pressure
Cyient Announces Rs 720-Crore Share Buyback; Check Repurchase Price, Other Details
Cyient buyback and, q4 results.