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Defence stock jumps 4% after expanding partnership with Deutsche Aircraft

News by Aliceblue News Desk

11 Apr 2025

Defence stock jumps 4% after expanding partnership with Deutsche Aircraft

Introduction:

Defence stock in focus after extending a strategic global partnership to develop advanced Cabin Management Systems for Deutsche aircraft. The project, fully designed and manufactured in India, aligns with the “Make in India” initiative and boosts indigenous aerospace capabilities.

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Share Price movement of Cyient DLM:

On April 11, 2025, Cyient DLM Limited opened at ₹447.00, reaching a high of ₹447.95, up 4.25% from the previous close of ₹426.35 and a low of ₹435.60. The stock is currently trading at ₹444.45, with a market cap of ₹3,524.76 Crores.

Cyient DLM extended its partnership:

Cyient DLM has extended its collaboration with Deutsche Aircraft of Germany, in order to design, develop, and build the Cabin Management System (CMS) for the 40-seater regional aircraft D328eco,   Under the “Make in India” campaign, this is Deutsche Aircraft’s first electronics program that is entirely made in India.

The CMS will have a touchscreen interface for managing restroom operations, signs, and cabin illumination.  By enabling lighting modifications appropriate for different in-flight activities, it improves passenger comfort.  To guarantee safety and an exceptional user experience, the system’s modular architecture makes use of cutting-edge display and control technology.

This partnership demonstrates India’s increasing capacity for aerospace innovation while bolstering Cyient DLM’s worldwide aerospace presence.  The strategic significance of the cooperation in providing a modern, efficient aircraft and raising regional aviation standards was underlined by leaders from both companies.

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Recent news About Cyient DLM:

Cyient DLM has recently secured a significant production contract with Boeing Global Services. This agreement involves the manufacturing of precision-machined parts, underscoring Cyient DLM’s capabilities in delivering high-quality aerospace components.

Stock performance of Cyient DLM for Period of 1 week, 6 months and 1 year:

Cyient DLM’s stock has shown a downward trend across all periods. Over the past week, it declined by 1.30%. In the last six months, it dropped 38.6%, while over the one-year period, the stock registered a steep fall of 39.7%.

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Shareholding pattern of Cyient DLM:

SummaryDec-24Sep-24Jun-24
Promoter 52.20%52.20%66.70%
FII3.60%7.80%5.10%
DII 29.40%27.80%17.40%
Public14.80%12.30%10.80%
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About Cyient DLM:

Cyient DLM Ltd (NSE: CYIENTDLM) is a design-led manufacturing company specializing in high-reliability electronics for aerospace, defense, and industrial sectors. It offers end-to-end solutions, including design, development, and assembly, supporting global clients with innovative, precision-engineered products made under the Make in India initiative.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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