Company Profile

Cyient has informed that the company is hosting the earnings conference call for the Fourth Quarter ended 31st March 2024 on 25 April 2024. The call details are attached. 

The above information is a part of company’s filings submitted to BSE.

Cyient is currently trading at Rs. 1993.50, up by 52.70 points or 2.72% from its previous closing of Rs. 1940.80 on the BSE.

The scrip opened at Rs. 1965.30 and has touched a high and low of Rs. 1999.90 and Rs. 1964.80 respectively. So far 3332 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2457.00 on 22-Dec-2023 and a 52 week low of Rs. 959.80 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 2015.80 and Rs. 1915.05 respectively. The current market cap of the company is Rs. 22017.73 crore.

The promoters holding in the company stood at 23.20%, while Institutions and Non-Institutions held 56.79% and 20.01% respectively.

Cyient has entered into a strategic partnership with Deutsche Aircraft, a German original equipment manufacturer (OEM) located in Webling, close to Munich. Within the scope of this partnership, the companies will collaborate on the detailed design for manufacturing (DFM) of the rear fuselage section for the 40-seater D328eco regional turboprop aircraft. 

Designed to operate along regional routes, the D328eco is a highly fuel-efficient aircraft that is an upgraded version of the Dornier 328 series. With an increased passenger capacity, the aircraft requires specific structural updates. The D328eco is expected to revolutionize regional air travel and become the benchmark of aviation with its advanced features, unmatched versatility and operational flexibility in the most challenging environments to connect regions and people.

Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.

Tata Passenger Electric Mobility (TPEM), the electric car making arm of Tata Motors, has signed memorandum of Understanding (MOU) with Hindustan Petroleum Corporation (HPCL) to collaborate in establishing public charging stations across India. The collaboration will leverage HPCL’s widespread fuel station network and TPEM’s insights from over 1.2 lakh Tata EVs on Indian roads, to set up chargers at locations frequently visited by Tata EV owners. Additionally, HPCL will gather insights on charger usage to improve the customer experience.

Cyient has entered into a strategic partnership with Deutsche Aircraft, a German original equipment manufacturer (OEM) located in Webling, close to Munich. Within the scope of this partnership, the companies will collaborate on the detailed design for manufacturing (DFM) of the rear fuselage section for the 40-seater D328eco regional turboprop aircraft. 

Vikas Ecotech’s (VEL) wholly owned subsidiary -- Vikas Organics (VOPL) has received the largest ever export order for Vinyl Plasticizers worth around Rs 16.50 crore. The order is a variable price contract, which covers regular supplies to the renowned Yusuf Bin Ahmed Kanoo Group of KSA over the coming months. VEL recently acquired the subsidiary as an ongoing concern with the Plasticizers Manufacturing Business based at Daman, while VOPL is regularly exporting plasticizers to the USA & KSA, the VEL & VOPL teams have been working closely to further boost the global reach actively pushing international business activities targeting Exports of the Niche materials from both VEL & VOPL product offerings.

Info Edge (India) has planned to invest an amount of Rs 30 crore in Redstart Labs (India), wholly-owned subsidiary of the Company. This investment is being done to meet the working capital requirements, explore investment opportunities and other general purposes.

Bhagiradha Chemicals & Industries’ wholly owned subsidiary -- Bheema Fine Chemicals has commenced its commercial production in Agrochemicals manufacturing plant situated at plot no 137 to 149 and 151 to 157 of Kadechur Industrial Area, Yadgir district, Karnataka.  Bheema Fine Chemicals has started its commercial production on March 27, 2024.

Emami has further entered into Share Purchase agreement with the founder & other shareholders of Brillare Science (Brillare) for acquiring remaining stake of 4.64% of Brillare. Consequently, Emami’s Shareholding in Brillare has increased from 95.36% to 100% and it has become a wholly owned subsidiary of the company.

Blue Dart Express has inaugurated new facility in GIFT City, Gujarat to meet evolving customer demands and align with India's growth trajectory. Equipped with cutting-edge infrastructure and seasoned personnel, Blue Dart's GIFT City facility introduces a 20-hour delivery service from key metropolitan cities, ensuring a next-day delivery commitment. Blue Dart seamlessly connects its fleet of 8 Boeing aircraft to provide express connectivity to GIFT City in Ahmedabad from all major metropolitan areas.

Cyient has entered into a strategic partnership with Deutsche Aircraft, a German original equipment manufacturer (OEM) located in Webling, close to Munich. Within the scope of this partnership, the companies will collaborate on the detailed design for manufacturing (DFM) of the rear fuselage section for the 40-seater D328eco regional turboprop aircraft. 

Designed to operate along regional routes, the D328eco is a highly fuel-efficient aircraft that is an upgraded version of the Dornier 328 series. With an increased passenger capacity, the aircraft requires specific structural updates. The D328eco is expected to revolutionize regional air travel and become the benchmark of aviation with its advanced features, unmatched versatility and operational flexibility in the most challenging environments to connect regions and people.

Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.