17 Oct 2025 | 3 Mins Read
Cyient target revised to Rs 1190 by Choice Equity Broking
Flipitmoney
Cyient navigates strategic reset, focusing on DET margin recovery, semiconductor scale-up, and DLM momentum, with 12% QoQ semiconductor growth in Q2FY26. We upgrade the stock to Reduce from Sell and set a target price of INR 1,190 based on target multiple of 15x for FY27-28E DET EPS, noting potential re-rating if execution sustains.