Cyient stock surges 7% despite tepid Q2FY25 earnings; details here
By
Binu Mathew
Cyient share price surged 7 per cent at Rs 1,900 per share on the BSE in Friday’s intraday deals despite the company reporting a tepid show in its quarterly earnings for the second quarter of the financial year 2024-25 (Q2FY25).
However, analysts said Cyient reported in-line revenue, led by growth in the core verticals and better-than-expected margin performance.