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.
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.
Indian equity benchmarks were trading higher today. The 30-share BSE Sensex rose 333 points to 66,500 and Nifty gained 107 pts to 19,838. Here s a look at stocks that are buzzing in action today.