India's Cyient rises on share buyback plan

Cyient

15/04/2026 05:05

** Shares of Cyient CYIE.NS rise as much as 8.7% to 973.95 rupees

** Engineering co to consider proposal for buyback of shares on April 23

** Stock up 19% so far this month after posting losses for two straight months

** More than 500,000 shares traded as of 9:31 a.m. IST, over their 30-day moving avg of 336,379 shares

** Mean rating on stock is 'hold'; median PT is 1,200 rupees - data compiled by LSEG

** CYIE last up 8%, cutting YTD losses to 19.8%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))