Cyient’s board authorised the sale of a 14.50% stake in its subsidiary, Cyient DLM Limited, via a block deal expected to complete by August 21. The company held a 66.66% stake in Cyient DLM.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings