Introduction:
Global engineering services firm has expanded its strategic partnership with Deutsche Aircraft, securing a multi-year contract for managing technical documentation of the D328eco® turboprop, enhancing product lifecycle support and advancing India’s role in global aerospace.
Share price movement of Cyient:
On January 20, 2025, Cyient Limited opened at ₹1,735.55, down 1.15% from its previous close of ₹1,755.80. The stock reached a high of ₹1,780.00 and a low of ₹1,733.00. By 2:51 PM, it traded at ₹1,744.00, a 0.67% decrease, with a market cap of ₹19,360.31 crore.
Cyient Expands Partnership with Deutsche Aircraft:
Cyient has expanded its strategic partnership with Deutsche Aircraft, securing a multi-year contract for managing advanced technical documentation of the D328eco® regional turboprop. This partnership enhances product lifecycle support for safety-critical aviation systems.
The collaboration will offer a modular, scalable solution to Deutsche Aircraft’s global customer base. It aims to provide a personalized user experience, faster time to market, and worldwide accessibility across devices, utilizing Cyient’s AI-driven products to improve operational efficiency.
This deal solidifies Cyient’s standing as a trusted partner in both Indian and European aerospace markets. For Deutsche Aircraft, it represents a significant step in advancing the “Make in India” mission, strengthening India’s role in global aviation.
Stock performance of Cyient for Period of 1 week, 6 months and 1 year:
Cyient Limited has shown a strong 4.35% return over the past week, but has experienced a 6.92% decline over the last six months and a 21.7% drop over the past year, reflecting mixed performance.
Shareholding pattern of Cyient:
| All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 23.10% | 23.20% | 23.20% |
| FII | 28.20% | 28.40% | 29.50% |
| DII | 30.30% | 29.70% | 27.10% |
| Public | 17.50% | 17.90% | 19.50% |
| Others | 0.80% | 0.80% | 0.80% |
About Cyient:
Cyient (NSE: CYIENT), established in 1991, partners with over 300 customers, including top global innovators, to provide intelligent engineering and technology solutions, focusing on a digital, autonomous, and sustainable future with cultural inclusivity and social responsibility.
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.
