Cyient DLM Stock Price: Shares of Cyient DLM, which provides electronic manufacturing services and solutions, fell by 13 percent in early trade on January 22. The price went down to a low of Rs 516 on BSE. This is also a new 52-week low for the stock. There is selling pressure in the stock due to decline in the company’s net profit and margin in the October-December 2024 quarter.
The company’s net consolidated profit declined by 40 percent year-on-year to Rs 10.99 crore in the December 2024 quarter from Rs 18.44 crore in the December 2023 quarter. On the other hand, consolidated revenue from operations increased by 38 percent year-on-year to Rs 444.23 crore. A year ago it was Rs 321.04 crore. Cyient DLM’s expenses increased to Rs 436.07 crore in the December 2024 quarter from Rs 305.66 crore a year ago.
Cyient DLM down 22 percent so far in 2025
Cyient DLM shares have fallen 22 percent so far in the year 2025. The company had launched its IPO in June 2027. It was subscribed 71.35 times. Listing of shares took place on BSE, NSE on 10 July 2023. The closing price of the share on BSE on the day of listing was Rs 420.75.
The promoter of Cyient DLM is IT firm Cyient. Promoters held 52.16 percent stake in the company by the end of December 2024. Due to the huge fall in the shares, the market cap of the company has come down to Rs 4100 crore.
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