ICICI Securities has buy call on with a target price of Rs 925. The current market price of Cyient is Rs 794.95.
Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 8767.73 Crore) operating in IT Software sector. Cyient Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2020.
Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 8767.73 Crore) operating in IT Software sector. Cyient Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2020.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1133.40 Crore, up 6.30 % from last quarter Total Income of Rs 1066.20 Crore and up .52 % from last year same quarter Total Income of Rs 1127.50 Crore. Company reported net profit after tax of Rs 103.10 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 22.9 per cent stake in the company as of June 30, 2020, while FIIs held 42.2 per cent, DIIs 22.1 and public and others 12.9 per cent.
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