In the last of June, the Cyient DLM IPO was launched and listed in the market in July. the Cyient DLM stock has given a return of approximately 56% in less than 3 months as of 26 October. As a result, many retail investors are curious to know Cyiemt DLM’s share price target for 2023, 2024, and 2025.
Cyient DLM stock is one of the highest return-giving in the year 2023. In 2023 many stocks have given this type of massive return after the listing in the stock market. According to some news and analysts the Cyient DLM stock can give more future returns.
Hope you know that Cyient DLM is a penny stock, and the penny stocks are very volatile in all market conditions. This rally was an example of penny stock volatility. If you also love investing in penny stocks then you should know the prediction and information of the Cyient DLM stock.
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About Cyient DLM
Cyient DLM is an Indian electronic manufacturing and service provider in many industries like aerospace, defense, lifecare, and many more. The Cyinent DLM company was founded in 1993 and as of now, Mr. Rajendra Velagapudi is its managing director.
Cyient DLM is involved in many industries like Defense and aerospace, Healthcare and life sciences, and industrial work. This company has 30+ years of experience in the manufacturing field, 3 manufacturing facilities, 350,000+ square feet of manufacturing space, and many more.
Cyient DLM is an expert in Integrated manufacturing, Electronic manufacturing, mechanical manufacturing, additive manufacturing, and providing value-added services.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of the company among all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, so it is highly recommended to do a fundamental analysis of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Cyient DLM company were last updated on 26 October 2023. Check the latest data on any broker website or screener.
Profit Growth (Last 5 Years)
| Year | Profits (In Cr.) |
|---|---|
| March 2019 | NA |
| March 2020 | -₹6.70 |
| March 2021 | ₹11.81 |
| March 2022 | ₹39.80 |
| March 2023 | ₹31.73 |
Quarterly Results (Profits)
| Quarter | Profits (In Cr.) |
|---|---|
| Sep 2022 | ₹7.10 |
| Dec 2022 | NA |
| Mar 2023 | ₹12.59 |
| Jun 2023 | ₹5.36 |
| Sep 2023 | ₹14.65 |
Company Essentials
| Market Cap | ₹5,250 Cr | ROE | 4.31% |
| P/E Ratio (TTM) | 137.05 | EPS (TTM) | 4.83 |
| P/B Ratio | 5.90 | Div Yield | 0.00% |
| Industry P/E | 41.56 | Book Value | 112.19 |
| Debt to Equity | 0.32 | Face Value | 10 |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 6.23% |
| DII | 12.28% |
| Public | 14.14% |
| Promoters | 66.66% |
| Other Holders | 0% |
Key Points
- The PE Ratio of the Cyient DLM company is very high i.e. near 137, which suggests that the company is overvalued. Investing money blindly in an Overvalued company is not a good idea.
- Over the last 3 years, the company has shown good profit growth and revenue growth of 88% and 22%.
- On Cyient DLM company, there is approx Rs. 314 Crore Debt.
- The company has a cash of Rs. 167.60 Crore as of 26 October 2023.
Quarterly Results (FY 23 – 24 Q2)
- In FY 23 – 24, Q1 Cyient DLM made a profit of Rs. 5.36 Crore.
- In the FY 23 – 24, Q2 CyientDLM made a profit of Rs. 14.65 Crore.
- The last 5 quarter profits are growing each quarter which indicates that the company is growing.
- The yearly profit of the company has continued to grow over the last 5 years.
Investing Rules
Investment rules play a major role in the life of an Investor to invest in the right stock, book profit at the right time, buy at the right time, sell at the right time, and many more… In a few words, it plays a major role in reducing risk in the stock market and maximizing profit.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
- Rule 1: Do not invest in penny stocks, if investing make sure most of the money is invested in the large-cap stock, large-cap mutual funds, etc. Penny stocks are hazardous, especially for retail investors.
- Rule 2: Invest for the long term, at least 5 to 6 years. Investing for the long term reduces a lot of risk. It is confirmed that the market will go up in the long term.
- Rule 3: Do not invest in a lot of stocks, It will become very hard to analyze all the stocks regularly. So, invest in a limited number of stocks like 15 – 18 stocks only.
- Rule 4: Only invest in 1 – 2 stocks of a specific sector. In case, the stock faces any problem in the future your maximum investments will be safe.
- Rule 5: Investing in SIP mode will keep averaging your buying price with time and the return will be maximized as well.
- Rule 6: Invest only 5% to 6% in a single stock. In penny stocks, you should only invest in the 3% to 4%.
- Rule 7: You should have all the information about the stocks you invested like the company, company products & services, business model, company fundamentals, etc.
- Rule 8: Only invest or SIP in stocks only when it is available at a very high discount of 10% to 15% at least.
- Rule 9: When a stock you want to invest in is near its all-time high and has the potential to go up, you should invest in the stock in SIP mode.
- Rule 10: Do not invest in those stocks, which are in trouble and have problems in the company fundaments especially in penny stocks.
Cyient DLM Share Price Target
Cyient DLM is a penny stock and penny stocks are very volatile. But as a penny stock the company has very stable financials and its valuation is very attractive as of now. Because of this stability, the company was able to give up to 56% return in just 3 months and still going upside down very quickly.
Cyient DLM has given a good profit growth of 88% and revenue growth of 22% in the last 3 years. But the EV/EBITDA of the company is approx 60 which is a negative point. As the stock or company listed recently with time these things may change very quickly.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Cyient DLM share price target 2023
From the last few weeks after listing the Cyient DLM stock has given approx 44% in just a few weeks. Recently the stock is broken its support of Rs. 650 and now it is trading at Rs. 634 as of 26 October 2023.
The Cyient DLM stock has already given a massive return and consolidating in a range. There are very high chance that the stock may fall or go down for a few days or weeks. This thing happens because of the profit booking after getting massive returns.
In the short term, there are very high chance that the Cyient DLM stock can fall. Fall in the stock is only possible when it crosses or gives closing below the support. Support and resistance are shown in the below image.
In case, the support is not broken but the resistance is broken then we will see some more targets of nearly Rs. 800 very easily.
Cyient DLM share price target 2024 & 2025
If you want to invest in the stock for the long term or already invested at a discounted or lower price then you should always keep in mind that the stock is penny stock and comes in the small-cap stock. In the small-cap stock, this type of move is prevalent.
In a few words, if you are investing or already invested then make sure you are following proper investing rules and tracing the stocks regularly. In case, you are planning to invest then make sure to invest in the stock at a lower price.
Giving a long-term target for the stock Cyient DLM share price target 2024 and 2025 can be very tough as enough data is not available. According to the company’s business model, the stock looks very attractive.
Once more data is received about the stock then we will update the target with a proper analysis of pro investors and analysts.
FAQs
The Cyient DLM business model is solid and it is involved in multiple industries to provide products and services. The company is also very stable financially and the valuation is also good.
The problem it is a small-cap company and these companies are very volatile and risky. If you can take risks and the company is good according to your research then you can invest in it at your risk.
For individual and newbie investors it is recommended to do not to invest in penny stocks.
The financials of Cyient DLM are very stable and the company is utilizing its assets very efficiently the company’s profit growth and revenue growth are also amazing. In a few words, the future of the stock is very bright according to the current data.
If the company keeps giving good quarterly results then there are very high chance that we can see a target of Rs. 800 – Rs. 900 In the year 2024.
If the stock gives negative results or any bad news comes then the target can not be achieved. The stock PE is also very high when it is stable the price may y correct.
As of October 2023, it is not a good decision to buy the Cyient DLM stock because it is near its all-time high and there is a very high chance of profit booking at the level.
Invest in the stock when it is available at least a 10% – 15% discount from its all-time high and it is stable or consolidating at the level.
Final Words: There is no doubt that Cyient DLM is a good company and there are only a few negative things about the company fundamentals. The business model of the company is also powerful and involved in multiple industries. As it is a small-cap company that’s why there are very right risks in investing for retail investors, especially for those who are new. Cyient DLM’s share price target is very massive in the long term.