Cyient Ltd

(CYIENT)

Cyient Drives Growth Through AI and Strategic Partnerships - 08 Nov, 2024

Cyient is leveraging AI to enhance services and innovate across industries, with significant mutual fund interest. The company has recorded steady revenue growth and strategic collaborations, including a partnership with Microsoft for AI-driven products.

Cyient DLM Partners with Honeywell for Innovation - 07 Nov, 2024

Cyient DLM has announced a partnership with Honeywell Aerospace Technologies to develop a micro vapor cycle system, enhancing cabin temperature control with improved efficiency and reduced weight.

Cyient Declares Dividend and Partners with Honeywell - 06 Nov, 2024

On November 6, 2024, Cyient announced a Rs 12 interim dividend and a partnership with Honeywell Aerospace for the innovative Micro VCS system, enhancing its market position.

Cyient Limited Declares Significant Dividend for 2024-25 - 31 Oct, 2024

Cyient Limited announced a 240% dividend, translating to Rs 12 per share, with an ex-date and record date set for November 6, 2024. The dividend will be paid by November 21, 2024. Despite a YTD decline of 19.87%, the stock has shown strong long-term gains, including a 146.04% increase over two years.

Cyient Upgraded to Buy with New Target Price - 30 Oct, 2024

Anand Rathi has upgraded Cyient to 'Buy' with a target price of Rs 2,230, citing inline Q2 results and optimism for H2 growth despite a decline in sustainability metrics.

Cyient Acquires Stake in Azimuth AI - 29 Oct, 2024

Cyient has acquired a 27.3% stake in Azimuth AI, a company specializing in intelligent energy and power solutions. This strategic investment highlights Cyient's commitment to growth in the semiconductor industry.

Cyient Expands Semiconductor Business with Azimuth AI Stake - 28 Oct, 2024

Cyient Ltd has acquired a 27.3% stake in Azimuth AI for $7.25 million, marking a significant milestone in its semiconductor journey and reinforcing its commitment to next-gen power solutions.

Cyient Reports Strong Q2 Earnings and Dividend - 25 Oct, 2024

Cyient's Q2 FY25 results show a net profit of Rs 177 crore, up 2.3% YoY, and revenue of Rs 1,450 crore. Shares surged 7% following the announcement, and an interim dividend of Rs 12 per share was declared.

Cyient Reports Strong Q2 Results and Dividend - 24 Oct, 2024

Cyient Limited reported a marginal increase in net profit and declared a 240% interim dividend. The company also plans to acquire a 27.3% stake in Azimuth AI.

Cyient Reports Strong Q2 Growth in Profit and Revenue - 22 Oct, 2024

Cyient Ltd's profit rose 5.5% year-on-year to Rs 15.5 crore, while revenue surged 33.4% to Rs 389.5 crore for the quarter ending September 30.

Cyient DLM Reports Strong Q2 Earnings Growth - 21 Oct, 2024

Cyient DLM reported a 5.5% YoY increase in net profit to ₹15.4 crore for Q2 FY2024, with revenue rising 33.4% to ₹389.4 crore.

Cyient Collaborates with Business Finland for Innovation - 16 Oct, 2024

Cyient has partnered with Business Finland to enhance technology innovation in areas such as 5G, AI, and sustainability. The collaboration aims to leverage Cyient's presence in Europe and improve market access.

Cyient Forms Strategic Partnership with Business Finland - 15 Oct, 2024

Cyient Ltd has entered a memorandum of understanding with Business Finland to collaborate on technology innovation in areas like 5G and AI. Following the announcement, shares surged over 2%, despite the company reporting a decline in Q1FY25 revenue and net profit. The partnership aims to leverage Cyient's presence in Europe and enhance market access.