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Buy Cyient, target price Rs 1980: Motilal Oswal
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Cyient Ltd. with a target price of Rs 1980.
The current market price of Cyient Ltd. is Rs 1718.2.
Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 19206.47 Crore) operating in IT Software sector.
Cyient Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 1792.00 Crore, up 5.62 % from last quarter Total Income of Rs 1696.70 Crore and up 26.56 % from last year same quarter Total Income of Rs 1415.90 Crore. Company reported net profit after tax of Rs 183.60 Crore in latest quarter.
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