Economy
Cyient DLM shares crash 19% despite Q2 profit jump and record order book
Livemint2h
THE BRIEF
1
Cyient DLM shares plummeted 19% to ₹830.35 on the BSE following Q2FY27 results due to margin pressures and supply chain lead times.
2
Standalone net profit grew 43% year-on-year to ₹19.4 crore while revenue from operations rose 25% to ₹294.8 crore, supported by a record order book of ₹2,810 crore.
3
Brokerages remained divided on the stock, with PL Capital maintaining a 'Reduce' rating and Motilal Oswal Financial Services reiterating a 'Buy' recommendation.