Will Cyient DLM maintain its current momentum after its successful entry into the stock market? Investors and potential investors are wondering about its long-term goals. However, it’s important to note that share prices are always influenced by various factors and can fluctuate. Therefore, it’s not guaranteed that a predicted price will materialize within a specific timeframe.
Consider the scenario where you rely solely on a target price and invest your hard-earned money accordingly. What happens if the stock price moves in the opposite direction? There is a risk of losing your invested capital.
Therefore, it is crucial for every investor to engage in portfolio management and conduct a fundamental analysis of the company. If you lack the time or expertise for these activities, opting for mutual fund investing may be a better choice.
On this page, we will explore the Cyient DLM share price target in the years 2023, 2024, 2025, and even up to 2050, along with a fundamental analysis and an overview of the company’s business model. Without further delay, let’s begin the analysis.
Cyient DLM Share Price Target 2023 to 2050
Making money in the stock market may seem simple, but it can be difficult due to the mistakes made by retail investors. To earn good profits in the stock market, it is important to follow certain best practices.
When it comes to investing in Cyient DLM shares, you shouldn’t solely rely on the target price mentioned here or provided by someone else. Instead, it is advisable to focus on the fundamentals. Even if you are trading, it is crucial to practice risk management techniques like using stop loss.
To gain a better understanding, you can refer to the target price of Cyient DLM stock in the table below. However, don’t just glance at the target price and close the page. Take the time to delve deeper and learn more about how this target price is determined. This involves conducting fundamental analysis, understanding the company, and identifying growth drivers.
About Cyient DLM
Cyient DLM is a company that provides Design Led Manufacturing (DLM) solutions. They use an integrated manufacturing approach to support the entire product life cycle, starting from concept development to manufacturing and certification. The company was founded in 1993.
Cyient DLM offers its services to various industries, including aerospace & defense, healthcare & lifesciences, industrial, communications, and automotive. They generate revenue from both domestic and export business operations.
In the Financial Year 2023, Cyient DLM derived 20% of its revenue from the aerospace industry, 27% from defense, 16% from healthcare, 25% from industrial sectors, and 1% from other industries. As of March 2023, the company’s order book amounted to Rs. 2,432.5 crores.
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Cyient DLM Share Fundamental Analysis
Data As of 11th July 2023
Cyient DLM appears to be a company with strong fundamentals. Over the past 5 years, its compounded sales growth rate has been 16.49%, followed by 22.1% over the past 3 years, and 15.47% in the last year. Regarding profit growth, the compound annual growth rate (CAGR) stands at 59.42% for 5 years, 89.06% for 3 years, and -19.16% for one year.
While Cyient DLM currently has a debt of Rs. 314.47 Crores, the company is expected to become debt-free in the near future. The management has expressed their intention to utilize the funds raised through the IPO to repay external debts.
The stock has delivered significant returns to investors upon its listing. It is advisable to allow the stock price to stabilize, as there may be some volatility initially. Afterward, you can develop an investment strategy for this stock.
What Factors Will Influence Cyient DLM Share Price?
The share price of Cyient DLM is influenced by various factors, including the following:
- Business and financial performance of the company: The primary factor is how well the company performs. If the company shows strong performance, the share price is likely to increase. Conversely, poor performance can lead to a decline in share price.
- Revenue from exports: A significant portion of Cyient DLM’s revenue comes from exports. Any regulations imposed by the government on exports can directly impact the company’s performance and share price.
- Domestic and global economic situation: The overall economic conditions, both domestically and globally, play a crucial role in determining the share price of Cyient DLM. Changes in economic factors can have an impact on the company’s performance.
- Market sentiment: Market sentiment, or the general feeling of investors towards a stock, is vital for its performance. An example of this is the ITC stock, which initially underperformed but later experienced significant growth, even during a declining market.
- Competition: Cyient DLM operates in a highly competitive field, facing tough competition from other players such as Syrma SGS Technology Limited, DCX Systems, and Bharat Electronics.
FAQs Related to Cyient DLM Share Target Price
Is Cyient DLM a good share to buy?
Cyient DLM recently made its debut in the stock market. It was listed at a price 52% higher than the issue price and experienced a 20% increase on the following day. It is expected to display volatility for a while. It is advisable to allow it to stabilize before making a decision based on the company’s fundamentals regarding whether it is a good investment or not.
However, if you are interested in trading, you can perform technical analysis and effectively manage your risk accordingly.
What does Cyient DLM do?
Cyient DLM has established itself as a reliable partner in electronics and mechanical manufacturing, serving as a trusted supplier to leading companies in various industries for more than 30 years.
As a newcomer in the stock market, it is challenging to forecast the target share price for Cyient DLM. However, it is important to conduct your own analysis before making any investment decisions. In general, Cyient DLM appears to be a promising stock due to its solid fundamentals and business model. If you have any uncertainties, feel free to leave your questions in the comments section to receive relevant answers.
Disclaimer: We do not offer recommendations for buying or selling stocks. This website is solely intended for educational purposes.