Cyient share tanks 20%, hits 52-wk low as Q3 profit falls 32% sequentially
By
Binu Mathew
Cyient share price: IT company Cyient shares nosedived 19.99 per cent to hit a fresh 52-week low of Rs 1,402.25 per share on Friday, January 24, 2025.
The fall in Cyient share price came after the company posted a weak set of results in the December quarter of financial year 2025 (Q3FY25).
Cyient’s profit fell 31.7 per cent quarter-on-quarter (Q-o-Q) to Rs 122.3 crore in Q3FY25, from 179.1 crore in the September quarter of financial year 2025 (Q2FY25).