12 Feb 2025

Cyient DLM Stock Rises; Secures Boeing Contract for Precision-Machined Parts

Cyient DLM is currently trading at RS. 425.65, up by 2.95 points (0.70%) from its previous closing of RS. 422.70 on the BSE.

The stock opened at RS. 430.40 and recorded a high of RS. 432.40 and a low of RS. 422.00. A total of 5,122 shares have been traded so far.

Cyient DLM, a BSE group 'A' stock with a face value of RS. 10, reached its 52-week high of RS. 882.90 on 26-Feb-2024 and a 52-week low of RS. 414.25 on 11-Feb-2025. Over the past week, the stock’s high and low stood at RS. 475.00 and RS. 414.25, respectively. The company’s current market capitalization is RS. 3,365.36 crore.

Shareholding Structure:

  • Promoters hold 52.16%
  • Institutions hold 33.05%
  • Non-Institutions hold 14.79%

Major Developments:

  • Boeing Contract: Cyient DLM has secured a production contract from Boeing Global Services (BGS) for precision-machined parts and assemblies. This highlights the company’s growing expertise in delivering high-precision components for the aerospace sector.
  • Renewable Energy Partnership: The company earlier signed an MoU with Arcedo Systems to establish a 500 kWp rooftop solar power plant at its Mysore facility.

About Cyient DLM:
Cyient DLM provides electronic manufacturing solutions across sectors including medical, industrial, automotive, telecommunication, defense, and aerospace. The company also specializes in machining components for aerospace, automotive, and defense industries.