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.
A bottoms-up stock analysis of companies with strong business momentum, healthy ROE/ROCE profile, at least 15% EPS CAGR for FY24-26F, and a forward PE/PBV valuation near mean/ below mean of the last 5-10 years shows 10 stocks can rally within 46-311% in 3 years.
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.