Cyient DLM surges on expanding strategic partnership with Deutsche Aircraft
Cyient DLM is currently trading at Rs. 439.95, up by 13.50 points or 3.17% from its previous closing of Rs. 426.45 on the BSE.
The scrip opened at Rs. 448.45 and has touched a high and low of Rs. 448.45 and Rs. 435.90 respectively. So far 11208 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 872.55 on 29-Jul-2024 and a 52 week low of Rs. 350.15 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 452.70 and Rs. 350.15 respectively. The current market cap of the company is Rs. 3507.31 crore.
The promoters holding in the company stood at 52.16%, while Institutions and Non-Institutions held 33.05% and 14.79% respectively.
Cyient DLM has expanded its strategic partnership with Deutsche Aircraft, a prominent German regional aircraft manufacturer. Through this collaboration, the company will undertake the design, development and manufacturing of the Cabin Management System (CMS) for the D328eco, a next-generation 40-seater regional turboprop. This collaboration marks a significant milestone, as it will be one of Deutsche Aircraft's first electronics programmes designed and manufactured entirely in India, in support of the ‘Make in India’ initiative.
The CMS chosen by Deutsche Aircraft boasts a user-friendly touchscreen interface, allowing crew members and passengers to effortlessly control various functions, including cabin lighting, passenger signs and lavatory operations. With a focus on enhancing passenger well-being, the CMS enables the easy adjustment of lighting intensity, tailored to activities such as working in-flight or encouraging rest and relaxation.
Leveraging their extensive aerospace expertise, Cyient DLM and Cyient aim to deliver a unique CMS solution for this class of aircraft. The system integrates multiple sensors and utilities to ensure ease of operation, safety and an improved user experience. This upcoming project is also a significant achievement for the Indian aerospace ecosystem, demonstrating its capability to develop and certify advanced products. The CMS will be constructed with a scalable and modular architecture, utilising the latest technology in displays and control electronics.
Cyient DLM is engaged in providing total electronic manufacturing solutions in the fields of medical, industrial, automotive, telecommunication, defense and aerospace applications and machining of components for aerospace, automotive and defense industries.
