Stock Report

Cyient DLM Conferred with the State Export Excellence Award by the Hon'ble CM of Karnataka



Posted On : 2023-07-28 15:00:08( TIMEZONE : IST )

Cyient DLM Conferred with the State Export Excellence Award by the Hon'ble CM of Karnataka

Cyient DLM, an integrated electronics manufacturing company, announced that it has been honored with the meritorious exporters award. The award was presented by the Hon'ble Chief Minister of Karnataka on behalf of the Department of Industries & Commerce, Govt. of Karnataka at an event held at Vidhana Soudha on July 22, 2023.

The award recognizes Cyient DLM's outstanding export performance under the Electronic Product exporter category for having the highest exports for the years 2017-18, 2018-19 and 2019-20 in the state of Karnataka. Our export revenues, achieved through our state-of-the-art manufacturing facilities at Hyderabad, Mysuru and Bengaluru, are spread across NAM, Europe and Asia Pacific.

The highest export rating in Karnataka not only reinforces Cyient DLM's position as an industry leader but also reaffirms our steadfast resolve to support the growth and prosperity of the region. By nurturing talent, fostering innovation, and leveraging advanced technology, Cyient DLM continues to set new benchmarks for excellence in the export landscape.

"We are immensely proud of this recognition, which highlights our team's dedication and hard work in promoting exports from Karnataka. This achievement underscores our commitment to driving technological advancements and fostering global collaborations to meet the demands of an increasingly competitive market", said Anthony Montalbano, CEO, Cyient DLM, on receiving this award.

Shares of Cyient DLM Limited was last trading in BSE at Rs. 504.10 as compared to the previous close of Rs. 496.00. The total number of shares traded during the day was 77304 in over 3241 trades.

The stock hit an intraday high of Rs. 506.00 and intraday low of 489.80. The net turnover during the day was Rs. 38501707.00.

Source : Equity Bulls

Keywords

CyientDLM INE055S01018 IndustrialProducts Award