Cyient Ltd
CYIENT

469.05

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

469.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 467.70
We recommend an 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. Stock is currently trading at 11.7x P/E on FY18E earnings. (Target Price - Rs.501)
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50 DMA (.)
481.50
100 DMA (.)
484.45
200 DMA (.)
486.52
Weekly Range (.)
456.65
480.00
Monthly Range (.)
440.20
499.00
52 Weeks Range (.)
396.00
554.00
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