Cyient | Under this partnership, the companies will collaborate on the detailed design for manufacturing (DFM) of the rear fuselage section for the 40-seater D328eco regional turboprop aircraft, it added.
Following a multibagger surge in the stock in the last 1 year, domestic brokerage house Axis Securities has picked IT stock Cyient as its top pick of the week .
With its expertise in AI, strategic diversification, and a proven track record of successful transformations, Cyient is well-positioned to ride the AI wave. For investors seeking exposure to high-growth sectors, the midcap IT stock deserves a closer look
Cyient shares: The engineering and technology solutions provider talked about Urban Air Mobility (UAM) and its potential to revolutionise transportation of goods inter and intra-cities
The Cyient stock hit an all-time high on Tuesday and has been a consistent outperformer over a year. The companys revenues from sustainability segment have risen from 15.4% in FY22 to 22.1% in FY23. The trend should continue in FY24 too. However, the MF stake in the stock has fallen. What has made investors backtrack their bet on Cyient?