Cyient Ltd's subsidiary acquires 74% stake in Kinetic Technologies for $85Mn
Cyient · IT - Services
Key highlights
- Acquisition completed by Cyient Semiconductors Singapore Pte. Ltd., a subsidiary.
- Stake acquired is 74% on a fully diluted basis.
- Consideration paid amounts to USD 85 million.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Acquisition Update
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
