Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s why
- Posted on August 26, 2026
- By Business News Today
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- 1 min read
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Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s why
Cyient shares jumped 8% after the IT services company outlined its growth and margin roadmap at its investor day. Management is targeting double-digit revenue growth and EBIT margins above 15% in the near term, while brokerages remained divided on the pace of recovery. Motilal Oswal retained its Sell rating, while Nuvama and PL Capital maintained Hold ratings with higher target prices.
