Cyient receives Silver Boeing Performance Excellence Award

Cyient, a global engineering and technology solutions company, today announced that it has received a 2019 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. Cyient maintained a Silver composite performance rating for each month of the 12- month performance period, from October 2018 to September 2019.

This year, Boeing recognized suppliers who achieved either a Gold or Silver level Boeing Performance Excellence Award. Cyient received the Silver level recognition and the award is a testament to Cyient's dedication and consistent commitment to delivering value to its business partners across the A&D value chain.

Commenting on the achievement, Anand Parameswaran, Senior Vice President, Aerospace & Defense at Cyient, said, "Cyient is proud to receive the Silver Level Performance Excellence Award from Boeing. We are deeply appreciative of the long-standing relationship between Cyient and Boeing, and this award is a testament to the hard work of our engineers. We are looking forward to co-developing new ways to raise the innovation bar and deliver greater efficiencies to our customers.

Shares of Cyient Limited was last trading in BSE at Rs.395.45 as compared to the previous close of Rs. 382.65. The total number of shares traded during the day was 65489 in over 2096 trades.

The stock hit an intraday high of Rs. 416.05 and intraday low of 384.3. The net turnover during the day was Rs. 26296319.

Source : Equity Bulls

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