Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

IT stock jumps 4% after launching new semiconductor subsidiary

News by Aliceblue News Desk

08 Apr 2025

IT stock jumps 4% after launching new semiconductor subsidiary

Introduction:

Leading IT solutions provider has launched a dedicated semiconductor subsidiary to expand its presence in the global chip industry, focusing on scalable ASIC turnkey solutions across diverse high-tech application sectors.

Alice Blue Image

Also Read: Q4 Update: Tata group stock jumps 6% after reporting 25% YoY growth

Share price movement of Cyient:

On April 8, 2025, Cyient Ltd opened at ₹1,155.60, up 2.96% from its previous close of ₹1,122.40. The stock reached a high of ₹1,182.45 (5.35%) and a low of ₹1,141.00. By 2:44 PM, it traded at ₹1,162.10, a 3.54% increase, with a market cap of ₹12,903.83 crore.

Cyient Launches Fully Owned Semiconductor Subsidiary:

Cyient, a global engineering and technology firm, has launched Cyient Semiconductors, a fully owned subsidiary. The initiative reinforces its commitment to innovation in the global semiconductor market.

Cyient Semiconductors will focus on delivering scalable Application-Specific Integrated Circuit (ASIC) turnkey solutions. The subsidiary builds on Cyient’s 25+ years of experience in semiconductor design across automotive, medical, industrial, and data center sectors.

The company has established high-performance teams in India, the U.S., Germany, Belgium, the Netherlands, and Taiwan. Cyient aims to accelerate growth through strategic organic and inorganic initiatives in semiconductor design and solutions.

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

Cyient Ltd delivered a -9.23% return over the past week and declined by 39.7% in the past six months. The stock dropped 46.7% over the past year.

Also Read: Realty stock jumps after company achieves pre-sales guidance for FY25 with 34% YoY growth

Shareholding pattern of Cyient:

ParticularsDec 2024Sep 2024Jun 2024
Promoter23.10%23.20%23%
FII28%28.40%30%
DII30.30%29.70%27.10%
Public17.50%17.90%19.50%
Others0.80%0.80%0.80%
Alice Blue Image

About Cyient:

Cyient Ltd (NSE: CYIENT) operates Cyient Semiconductors, delivering power-efficient silicon solutions across analog, RF, and digital domains, supporting end-to-end chip development for sectors like automotive, healthcare, industrial automation, and data centers.

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.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones