The shares of ACC and Cyient tumbled nearly 6 percent each on April 25 after the companies announced their results for the January-March quarter of the financial year 2025. The shares of the Adani Group firm ACC were trading at around Rs 1,939 apiece, while those of Cyient were hovering around Rs 1,170 apiece.
ACC Q4 Results:
The Adani Group firm on April 24 reported a consolidated net profit of Rs 751 crore for Q4 FY25. This marked a fall of nearly 20 percent from the Rs 943 crore net profit reported in Q4 FY24. The firm's consolidated revenue however rose 13 percent year-on-year to Rs 5,992 crore in Q4FY25 as against Rs 5,317 crore in Q4FY24.
The cement company also declared dividend of Rs 7.5 per share for FY25. June 13 has been fixed as the record date for the dividend and it shall be paid before July 1.
The shares of the company have now recorded their worst fall in 2025 so far. Axis Capital has cut the rating of ACC shares to 'Reduce' from 'Add', with a target price of Rs 2,050 apiece. The latest target price, however, implies an upside potential of nearly 6 percent from the current market price.
Cyient Q4 Results:
Cyient reported a net profit of Rs 170 crore in Q4 FY25, marking a fall of nearly 10 percent YoY. Revenue from operations, meanwhile, increased over 2.6 percent YoY to Rs 1,909 crore. Total expenses also rose to Rs 1,693.5 crore.
Along with the Q4 results, the company announced a final dividend of Rs 14 per equity share for FY25. Notably, the company refrained from issuing guidance for the ongoing financial year 2026, citing prolonged macroeconomic headwinds. This further spooked investors.
Cyient shares had earlier tumbled nearly 10 percent during the day. The stock has now made some recovery to trade 6 percent lower at the current level.
Choice Broking however has maintained a 'Buy' rating on the stock, with a target price of Rs 1,555 per share. This implies an upside potential of nearly 33 percent from the current market price.
Also read: Reliance Industries Q4 Results Live
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