Why Did Cyient DLM Shares Crash 19% in Today's Trading Session? Here's the Reason and What Investors Should Watch
India, Oct. 16 -- The shares of this small cap company majorly engaged in manufacturing of electronic components and subsystems for original equipment manufacturers (OEMs) in the aerospace, defense sectors and other high-tech engineering segments were in focus after announcing Q2 FY27 results with PAT increasing 110 percent.
With the market capitalization of Rs. 6,797 Crores, the shares of Cyient DLM Ltd reached an intraday low Rs. 832 per share falling nearly 19.22 percent from its previous day close of Rs. 1030 per share and is trading at a P/E of 81.0 whereas industry P/E stands at 80.2
Revenue Rises 26.5%, but EBITDA Lags
Cyient DLM generated revenues of Rs. 393.1 crore during Q2 of fiscal year 2027, up 26.5 percent year-over-year...
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