Nippon India MF raises stake in Cyient to 5.22% via open market buys
CYIENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.5 pts more than Nifty Smallcap 250 and 6.1 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nippon India Mutual Fund bought 6,58,925 shares (0.63%) of Cyient Limited through open market purchases, raising its stake from 4.59% to 5.22% (54,70,401 shares total). The acquirer is not part of the promoter group. Disclosure was filed under SEBI SAST Regulation 29(1) on August 28, 2026, as the holding crossed the 5% disclosure threshold.
Increased institutional buying by a major mutual fund signals confidence; stake crossed the 5% disclosure threshold under SAST rules.