Cyient DLM IPO - subsidery company of Cyient

Cyient DLM is a subsidery company of Cyient. They manufacture electronic circuits used in aerospace, defense and industrial sectors. Management is top class. Stock will be listed on 10 July 2023.

Anil Singhavi's view

It is good for long term investment and good anchor investors have invested in them. Vaulations are reasonable. It is good for short term and long term gains.

My view

PE is 34. Financials of the company are looking good as well.