The robust growth for Cyient DLM in FY24 was led by aerospace and defence (A&D) segments. Large deals in A&D constitute major portion of order book and pipeline and are expected to contribute towards FY25 & FY26 growth, the company said.
Cyient DLM share price hit its 52-week high of ₹882.90 on February 26 this year and its 52-week low of ₹401 on July 10 last year. At the current market price of ₹779.55, Cyient DLM share price has soared 94.4 per cent from its 52-week low level.
Technically, the stock s day RSI (14) is at 58.7. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. The day MACD (12, 26, 9) is at 14.5, which is above its Center Line, but below the signal line.