Introduction:
Semiconductor stock slumped 19% after leadership changes and Q3 FY25 results. Despite market concerns, it reported $228 million in revenue and achieved record Q3 order intake of $312.3 million, reflecting strong growth in key business segments.
Share Price movement of Cyient:
On January 23, 2025, Cyient Ltd opened at ₹1,612.10, down by 19% from its previous close of ₹1,755.25. The stock hit an intraday high of ₹1,621.10 and a low of ₹1,404.15, By 11:22 AM, it traded at ₹1,426.05 with a market cap of ₹15,831.77 crore.
Cyient share price fell:
Cyient shares fell 19% to ₹1,421.45 on the NSE following leadership changes and Q3 FY25 results. The company reported a quarterly group revenue of $228 million, achieving 4.5% year-on-year growth in constant currency, despite market concerns.
The Digital, Engineering, and Technology (DET) segment posted $175.2 million in revenue, reflecting 2.4% quarter-on-quarter growth. Cyient achieved its highest-ever Q3 order intake of $312.3 million, a near 100% increase quarter-on-quarter, signaling strong business momentum.
The company secured 13 large deals with a combined contract value of $234.5 million, showcasing its expanding footprint. Despite stock fluctuations, Cyient’s continued growth in the semiconductor and DET segments highlights its resilience and strategic progress.
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Recent news About Cyient :
On January 23, 2025, Cyient Limited announced the appointment of Ms. Debjani Ghosh as an Independent Director for a three-year term, effective immediately, subject to shareholder approval. The appointment reflects the company’s commitment to leadership diversity and expertise.
Stock performance of Cyient for Period of 1 week, 6 months and 1 year:
Cyient’s stock remained unchanged over the past week but declined 1.94% in the last six months. Over the past year, the stock recorded a negative return of 13.1%, reflecting a downward trend across longer timeframes.
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Shareholding pattern of Cyient:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 23.14 | 23.15 | 23.16 |
| FII | 28.23 | 28.39 | 29.47 |
| DII | 30.32 | 29.72 | 27.08 |
| Retail & others | 18.31 | 18.74 | 20.29 |
About Cyient:
Cyient Limited (NSE: CYIENT) is a global technology solutions company specializing in engineering, manufacturing, and digital transformation services. It caters to industries like aerospace, defense, healthcare, and semiconductors, delivering innovative solutions and driving business growth through technology and strategic partnerships.
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.
