Cyient DLM listed at a premium of 52 percent and rose ... long-term play While the company plans to utilise the Rs 150 crore IPO proceeds to retire external debt, it will retain some debt on ...
Cyient DLM jumped 171.8% from its IPO price of ₹265 giving it the fifth rank on the list. Thirteen issues gave investors multibagger returns out of the 78 IPOs listed in FY24. These were ...
Motilal Oswal has revised its earnings estimates for Cyient DLM The brokerage firm, Motilal Oswal has retained its “Buy” rating on Cyient DLM’s stock, setting a target price of Rs 700.
Cyient DLM’s Q3-FY25 consolidated revenue/EBITDA grew by about 38/23 per cent y-o-y. However, EBITDA missed our estimates as margins declined 90 bps y-o-y due to a high mix of low-margin ...
Cyient DLM reported a challenging quarter. While consolidated revenues grew 38% YoY, aligning with expectations, the growth was just 11% YoY excluding Altek. Adjusted EBITDA came in at ₹360 mn ...
Cyient DLM share price plunged over 13% to hit a 52-week low on Wednesday after the company reported weak Q3 results. Cyient DLM shares plunged as much as 13.5% to touch a 52-week low of ₹516.00 ...
Motilal Oswal Financial Services retained a ‘Buy’ rating on Cyient DLM, revising the stock's target price to Rs 7,500–Rs 8,000. However, the brokerage adjusted its earnings estimates downward by three ...
Cyient DLM Ltd shares took a beating, falling 12 per cent in Wednesday's trade, as Q2 was a slow quarter for the IT firm, with revenue growth ex-Altek, the recent acquisition, was muted at 11 per ...
Indian engineering and technology firm Cyient reported a third-quarter profit below analysts' expectations on Thursday, hurt by slower growth in its biggest segment and higher costs. India's ...