CYIENT
21.01.2022 - MS on CYIENT Maintain Underweight CMP 976 Target 900
MORGAN STANLEY ON CYIENT : 16.07.2021
* Cyient's performance appears lackluster relative to most industry peers, MS says, adding that, margin performance was good but there are unknowns
* MAINTAIN EQUAL-WEIGHT TARGET: 700
* Performance Appears Lackluster Relative To Most Industry Peers
* Margin Performance Was Good, But There Are Unknowns
* Management Commentary Is Strong, But It Needs To Translate Into Better Execution
