Bandhan Mutual Fund increased its stake in Cyient Limited from 2.57% to 3.52%, increasing its shareholding from 2,853,774 to 3,907,948 shares. The current value of this increased stake is approximately ₹355.37 Cr, based on Cyient's share price of ₹909.05.
A technology services company that provides engineering, manufacturing, data analytics, and networks and operations solutions to clients across multiple industries. Cyient specializes in digital transformation and technology-enabled services, leveraging its expertise to deliver integrated solutions for enterprise clients. The company operates as a multinational organization with headquarters in India, serving global markets through its specialized technology platform and engineering capabilities.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
