Cyient is currently trading at Rs. 475.50, up by 1.60 points or 0.34% from its previous closing of Rs. 473.90 on the BSE.
The scrip opened at Rs. 475.00 and has touched a high and low of Rs. 475.95 and Rs. 475.00 respectively. So far 464 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 555.00 on 13-Oct-2016 and a 52 week low of Rs. 398.70 on 16-Mar-2016.
Last one week high and low of the scrip stood at Rs. 489.85 and Rs. 465.40 respectively. The current market cap of the company is Rs. 5352.53 crore.
The promoters holding in the company stood at 22.18%, while institutions and non-institutions held 64.64% and 13.17% respectively.
Cyient has inked a Memorandum of Understanding (MoU) with ANSYS to set up a simulation lab at Cyient’s Experience Centre in Hyderabad. The proposed facility would fuse Cyient’s expertise in service design, delivery and operational excellence with ANSYS’s engineering simulation solutions and services for development of innovative proof-of-concepts (POC) for Cyient and its clients.
ANSYS, a leader in engineering simulation, will provide access to various training materials, curricula and eLearning systems for latest versions of their product platforms to help achieve this objective.
Cyient, formerly Infotech Enterprises is a company focussed on engineering, networks and operations. The company features among the top outsourcing companies in the world.