2025-10-14 02:30:39 pm | Source: Motilal Oswal Financial Services Ltd
Sell Cyient Ltd For Target Rs. 1,050 by Motilal Oswal Financial Services Ltd
* We expect 0.5% QoQ CC growth in the DET business. The external environment remains challenging, and this quarter is likely to see stabilization.
* Recovery in Aerospace seen in 1Q will continue in 2Q, while the Energy vertical has seen some furloughs.
* EBIT margin for DET segment likely to be at 12.6%, up 60bp as the partial impact of wage hikes is now behind.
* Key monitorable: Need meaningful logo additions and deal wins in 2Q to enhance visibility for 2H.
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