Indian tech firm Cyient up after signing deal with Airbus

Cyient

14/03/2024 09:01

** Shares of Cyient Ltd  CYIE.NS  up 3.2% at 1,958 rupees,
their biggest intraday pct gain since Feb. 22
    ** Technology co signs multiyear services agreement with
Airbus  AIR.PA  for cabin and cargo engineering
    ** Avg rating of 16 analysts covering the stock is "Buy;"
their median PT is 2,337.5 rupees - LSEG
    ** Stock down ~15% YTD, after a 183% jump in 2023

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))