Cyient rises on completing acquisition of 100% stake in Tao Digital Solutions
Cyient is currently trading at Rs. 1115.30, up by 13.75 points or 1.25% from its previous closing of Rs. 1101.55 on the BSE.
The scrip opened at Rs. 1100.95 and has touched a high and low of Rs. 1,115.30 and Rs. 1075.50 respectively. So far 11951 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1282.40 on 17-Sep-2025 and a 52 week low of Rs. 751.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1226.25 and Rs. 1,075.50 respectively. The current market cap of the company is Rs. 11326.42 crore.
The promoters holding in the company stood at 23.28%, while Institutions and Non-Institutions held 53.51% and 23.21% respectively.
Cyient has successfully completed the acquisition of 100% stake (on fully diluted basis) in Tao Digital Solutions Inc., a company incorporated in the USA. Earlier, the company had entered into a definitive agreement to acquire entire stake in Tao Digital Solutions Inc. for an enterprise value of $218 million.
Tao Digital brings two highly complementary strengths that are central to the company’s Intelligent Engineering proposition: Production-grade AI and Data Engineering, and Digital & Product Engineering capabilities. Together, the company and TAO will help fast-track clients to a data ready foundation, enabling AI at scale, faster outcomes, and sustainable competitive advantage.
