Cyient shares crash 6% as stock turns ex-record date for Rs 720 crore share buyback. What's ahead? (opens original article in a new tab)

Cyient shares dropped 6% after becoming ex-record date for a Rs 720 crore buyback, with only existing shareholders eligible. The company's stock has declined significantly in recent months, and analysts remain cautious about its performance.

• Cyient shares fell 6% after becoming ex-record date for a Rs 720 crore buyback at Rs 1,125 per share.
• Only shareholders holding shares before June 17 are eligible for the buyback, excluding new investors due to T+1 settlement rules.
• Cyient's share price has declined 23% in 2026 and 36% in one year, with a 'Reduce' rating from Emkay citing slowed growth and operational challenges.