Cyient Ltd
CYIENT

535.60

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

535.50

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Turnover (lac)
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Accumulate
Reco. Price
Rs 542.00
We recommend ACCUMULATE on the stock as traction in core businesses (aerospace and defence) is expected to drive revenue. Additionally, acquisition of BlomAerofilms will help it gain higher service opportunities. The stock is trading at 13.6x P/E on FY18E earnings. (Target Price - Rs.579)
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50 DMA (.)
476.06
100 DMA (.)
481.53
200 DMA (.)
485.89
Weekly Range (.)
484.30
544.00
Monthly Range (.)
464.00
544.00
52 Weeks Range (.)
405.00
554.00
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