Cyient rises on entering into partnership with Thingtrax
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Cyient is currently trading at Rs. 955.70, up by 3.35 points or 0.35% from its previous closing of Rs. 952.35 on the BSE.
The scrip opened at Rs. 959.75 and has touched a high and low of Rs. 964.00 and Rs. 941.40 respectively. So far 5140 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 964.45 on 23-Mar-2022 and a 52 week low of Rs. 724.00 on 03-Nov-2022.
Last one week high and low of the scrip stood at Rs. 964.00 and Rs. 904.55 respectively. The current market cap of the company is Rs. 10530.61 crore.
The promoters holding in the company stood at 23.36%, while Institutions and Non-Institutions held 55.99% and 20.64% respectively.
Cyient has entered into a partnership with Thingtrax to enable manufacturers to increase efficiency and reduce costs. The partnership will enable global manufacturers to drive higher performance across their entire manufacturing operation through AI-powered data.
Cyient's end-to-end manufacturing services suite and the Thingtrax solution allow manufacturing leaders to improve operational performance by engaging people at every level to embrace a high-performance culture.
Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.
