Information Technology: Moderating, yet Strong
IT index is up >40% (mid-tier >100%) over the past year, supported by (1) earnings upgrade of ~5% for tier-1 IT and ~20% for mid-tier IT and...
304 Views
Cyient Ltd: DLM Impacted, Services to Drive Growth
Cyient Ltd (Cyient) offers engineering & development services to aerospace & defence, transportation, E&U, communication and others.
124 Views
Cyient: Robust Results; Healthy Outlook
We recommend a BUY rating on the stock and assign an 18x P/E multiple to the company's FY24E earnings of Rs 60.0/share. This gives a TP of Rs 1,100...
127 Views
DLM impacted, but Services to drive performance
Cyient (CYL)'s 3QFY22 revenue grew 5.2% QoQ in USD terms, above our estimate of 3.6% QoQ growth, led by beat on both Services (+4.4% QoQ CC)...
241 Views
HSIE Results Daily: Hindustan Unilever, Asian Paints, Cyient, Mastek
Cyient: Cyient reported a good quarter; revenue was up 5.9% QoQ CC (higher than our estimate) and margin performed better than expected. The...
238 Views