Cyient surges 140% so far in CY23; Cyient DLM zooms 179% over issue price

Shares of Cyient and its subsidiary Cyient DLM hit their respective all-time highs as they rallied up to 19 per cent on the BSE in Tuesday’s intra-day trade in an otherwise range-bound market. In the past one month, Cyient (up 25 per cent) and Cyient DLM (up 47 per cent) have outperformed the S&P BSE Sensex, which was down 0.38 per cent during the month.

Individually, Cyient DLM zoomed 19 per cent to Rs 739.85 today, hitting its highest level since market debut on July 17, 2023. With today’s rally, the stock of the industrial products company has zoomed 179 per cent from its issue price of Rs 265 per share.