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EMS stock to watch after it receives manufacturing award from Thales

EMS stock secured a strategic avionics manufacturing contract for high-reliability PCBAs, strengthening its position in the global aerospace and defense sector with advanced manufacturing expertise.
EMS stock secured avionics contract for PCBAs, strengthening its aerospace and defense position.
EMS stock secured avionics contract for PCBAs, strengthening its aerospace and defense position.

Introduction:

EMS stock has secured a strategic avionics manufacturing contract to produce high-reliability Printed Circuit Board Assemblies (PCBAs) for next-generation flight avionics systems. This partnership strengthens its position in the global aerospace and defense sector, highlighting its manufacturing expertise.

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Share Price movement of Cyient DLM:

On February 17, 2025, Cyient DLM Limited opened at ₹434.00, reaching a high of ₹434.30 and a low of ₹416.60, down 3.09% from its previous close of ₹434.30. Currently, it is trading at ₹420.90, with a market cap of ₹3,337.99 crore.

Cyient DLM stock in watch:

Cyient DLM has secured a long-term avionics manufacturing contract with Thales to produce high-reliability Printed Circuit Board Assemblies (PCBAs) for next-gen flight avionics systems. This strengthens Cyient DLM’s position in the global aerospace and defense industry.  

These PCBAs will be used in leading commercial aircraft platforms, reinforcing Cyient DLM’s expertise in high-reliability electronics. The partnership emphasizes Cyient DLM’s role as a trusted manufacturing partner for critical aerospace systems.  

Thales recognizes Cyient DLM’s strong technical capabilities and is pleased to collaborate on this prestigious program. Cyient DLM’s CEO highlighted the company’s commitment to delivering world-class aerospace electronics and advancing innovation in aerospace and defense technology.

Also Read: Chemical stock jumps after it signs technology transfer agreement with Ningxia Jinhua

Stock performance of Cyient DLM for Period of 1 week, 6 months and 1 year:

Cyient DLM’s stock has faced consistent decline over recent periods. Over the past week, it dropped by 1.26%. In the last six months, it decreased by 44.0%. The stock saw a significant 44.7% decline over the past year, indicating ongoing challenges.

Also Read: Green energy stock hits 5% upper circuit after it receives order for floating solar PV projects

Shareholding pattern of Cyient DLM:

All values in %Dec-24Sep-24Jun-24
Promoters52.1652.1666.66
FII3.647.765.14
DII29.4127.7717.44
Retail & others14.7812.3110.75
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About Cyient DLM:

Cyient DLM is a leading provider of design-led manufacturing solutions, specializing in avionics, aerospace, and defense industries. The company offers high-reliability electronics, including PCBAs, and focuses on advanced technology and innovation to support global aerospace and defense markets.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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