India's Cyient climbs on bets of large-deal wins, margin improvement

Cyient

26/08/2026 05:29

** Shares of Cyient CYIE.NS rise 6% to 1,038 rupees
** J.P. Morgan ("Overweight", TP 1,050 rupees) says CYIE's large-deal pipeline is at a record high of about $300 mln and expects FY27 to be a transformation year, with execution of the revamped go-to-market strategy key to achieving 15% EBIT margins
** Morgan Stanley ("Underweight", TP 820 rupees) says co's shift from project-led work to annuity-based, outcome-led contracts could improve revenue predictability and expand its addressable market, but says execution remains critical
** Ambit Capital ("Buy", TP 1,300 rupees) says the TAO acquisition and lifecycle-focused offerings should help drive stickier revenue, higher wallet share and more recurring business
** Avg rating of 18 analysts at "hold"; median PT is 960 rupeesm, according to LSEG-compiled data
** Session's gains trim stock's YTD losses to 7%


 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))