Cyient DLM and Tata Consultancy Services are under the brokerage lens today following key updates (Image Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Cyient DLM and Tata Consultancy Services are under the brokerage lens today following key updates.
Analysts have maintained neutral and hold ratings on the stocks, with target price adjustments and changes to revenue estimates reflecting cautious outlooks on near-term growth visibility and the impact of one-off costs.
Brokerages on Cyient DLM
Macquarie
• Retain Neutral with a target price of Rs 450.
• The brokerage is waiting for revenue visibility and growth to improve.
• Management has indicated the addition of higher quality orders.
• Management has characterized the underperformance of the Altek