Mumbai, June 1 (Udaipur Kiran): Cyient is currently trading at Rs. 905.00, up by 3.85 points or 0.43% from its previous closing of Rs. 901.15 on the BSE.
The scrip opened at Rs. 919.65 and has touched a high and low of Rs. 929.30 and Rs. 899.00 respectively. So far 25381 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1368.50 on 10-Jun-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. 933.50 and Rs. 840.70 respectively. The current market cap of the company is Rs. 10025.55 crore.
The promoters holding in the company stood at 23.28%, while Institutions and Non-Institutions held 56.29% and 20.43% respectively.
Cyient has entered into a definitive agreement to acquire entire stake in Tao Digital Solutions Inc. (Tao Digital), a global digital engineering firm focused on data, product, and AI-led services, with strengths in data platforms, AI-enabled solutions, and cloud services. The transaction is valued at an enterprise value of $218 million (i.e., around 9.5 times of CY27E EBITDA, excluding management incentives, and retention schemes) and expected to be completed on / before September 30, 2026.
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.
Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
