Cyient shares: Buy Cyient, target price Rs 962: JM Financial
JM Financial has buy call on Cyient with a target price of Rs 962.The current market price of Cyient is Rs 1,853.
Cyient, incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 20,701.36 Crore) operating in IT Software sector. Cyient key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2024. Financials
For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 1,696.80 Crore, down -9.95% from last quarter Total Income of Rs 1,884.20 Crore and up .01% from last year same quarter Total Income of Rs 1,696.70 Crore. Company has reported net profit after tax of Rs 147.60 Crore in latest quarter.
Cyient, incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 20,701.36 Crore) operating in IT Software sector. Cyient key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2024. Financials
For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 1,696.80 Crore, down -9.95% from last quarter Total Income of Rs 1,884.20 Crore and up .01% from last year same quarter Total Income of Rs 1,696.70 Crore. Company has reported net profit after tax of Rs 147.60 Crore in latest quarter.
Valuations
JM Financial remain positive on stock…
