Cyient shares crash 6% as stock turns ex-record date for Rs 720 crore share buyback. What’s ahead?

Cyient shares fell sharply on Wednesday after the stock turned ex-record date for its Rs 720 crore share buyback at Rs 1,125 per share. Investors purchasing shares after the record date will not be eligible to participate. The company’s first buyback since 2019 comes amid mixed operational performance and cautious analyst outlook.

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