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Cyient shares tumble 19% after CEO’s exit, lower guidance for FY25. What should investors do?

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Shares of Cyient Ltd tumbled 24% on Friday to Rs 1328.90 on the BSE after the technology services firm reported a weak December quarter performance and announced the resignation of its CEO, Karthikeyan Natarajan, amid reduced FY25 growth and margin guidance.The company’s DET (digital, engineering, and technology) segment posted a revenue of Rs 1,480 crore for the third quarter of fiscal 2025, marking a 2.1% quarter-on-quarter (QoQ) growth but a 0.8% decline year-on-year (YoY). The DET EBIT stood at Rs 200 crore with a margin of 13.5%, while the…

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