Cyient In Focus As It Evaluates Options For Divestment | Business News | ET Now

Cyient is in focus as the company is evaluating options for divestment of Cyient Designled Manufacturing (OLM) business. The move will enable scaling up of DLM biz. The options include part-divestment, including but not limited to IPO, spin-off, or partnership with a strategic investor of the Cyient OLM business. Morgan Stanley maintains Underweight Call with Target Rs 700 as they see Potential Part Divestment Of The DLM Biz As Incrementally positive. The Divestment they believe Will Provide Flexibility To Scale Up DLM Biz & will help Unlock Shareholder Value.#cyient #cyientsharenews #etnow

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