Cyient rose 1.66% to Rs 524.05 at 15:13 IST on BSE after the company scheduled a board meeting on 29 August 2016, to consider the declaration of special dividend to commemorate the company's silver jubilee.
The announcement was made during market hours today, 24 August 2016.Meanwhile, the S&P BSE Sensex was up 62.54 points or 0.22% at 28,052.75
On BSE, so far 20,000 shares were traded in the counter as against average daily volume of 4,357 shares in the past one quarter. The stock hit a high of Rs 538.90 and a low of Rs 510 so far during the day. The stock had hit a record high of Rs 641 on 15 October 2015. The stock had hit a 52-week low of Rs 370.50 on 12 February 2016. The stock had outperformed the market over the past 30 days till 23 August 2016, rising 5.65% compared with Sensex's 0.37% fall. The scrip, however, outperformed the market in past one quarter, outperforming 10.16% as against Sensex's 8.15% rise.
The mid-cap company has equity capital of Rs 56.27 crore. Face value per share is Rs 5.
Cyient's consolidated net profit rose 11.97% to Rs 73.97 crore on 0.06% fall in total income to Rs 841.20 crore in Q1 June 2016 over Q4 March 2015.
Cyient provides engineering solutions, process, network and content engineering to major organizations worldwide.
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