Cyient profits on launching linked device supplying

Cyient profits on launching linked device supplying

by admin- Tuesday, February 19th, 2019 03:49:41 PM

Cyient is presently buying and selling at Rs. 615.00, up with the aid of 1.30 factors or zero.21% from its preceding closing of Rs. 613.70 on the BSE.

The scrip opened at Rs. 612.Seventy five and has touched a high and coffee of Rs. 620.Eighty and Rs. 612.Seventy five respectively. So far 2228 stocks had been traded on the counter.

The BSE group ‘A’ inventory of face fee Rs. 5 has touched a fifty two week high of Rs. 887.00 on 11-May-2018 and a 52 week low of Rs. 571.10 on 29-Jan-2019.

Last one week high and low of the scrip stood at Rs. 620.80 and Rs. 583.55 respectively. The cutting-edge market cap of the organisation is Rs. 6917.Forty nine crore.

The promoters holding within the organisation stood at 22.10%, whilst Institutions and Non-Institutions held 66.98% and 10.92% respectively.

Cyient has released its related equipment offering. The new carrier will offer original equipment manufacturers (OEMs), and equipment proprietors and operators with a mixture of advanced analytics, IoT connectivity and asset fitness tracking on the way to help boom equipment reliability, productivity, and operational protection, even as reducing working costs.

With this supplying, the organisation will assist its clients circulate from reacting to disasters with costly, corrective renovation to a proactive method, using statistics for a greater powerful predictive protection method with prescriptive actions.

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