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Cyient shares tumble 19% after CEO exit, lower guidance for FY25. What should investors do?
Cyient share price fell 18.58% after weak Q3 FY25 results and CEO resignation. The DET segment saw a drop in YoY profit, while revenue guidance for FY25 was revised downward. Leadership change and execution issues led to stock downgrades by JP Morgan and Emkay Global.
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