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ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
Bharat Forge Ltd. 25/07/20241,593.85952.3007/04/2025 -40.25% 256 days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days

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Cyient denies developing flight test software for Boeing
DSIJ Intelligence
/ Categories: Trending, DSIJ News

Cyient denies developing flight test software for Boeing

Indian software engineers are being held response for faults in coding software of flight-test equipment for Boeing's 737 Max aircraft. Two Indian IT firms HCL tech and Cyient have partnerships with Boeing.

 

US-based publications claimed that HCL Technologies and Cyient were involved in developing flight-display software and flight-test equipment for Boeing. The inaccuracy of these software code are cited as one of reasons for the issues faced by the failure of the Maneuvering Characteristics Augmentation System (MCAS) deployed in 737 Max aircraft. Failure of Boeing's MCAS is linked to two fatal crashes of 737 Max in October 2018 and March 2019.

 

However, Boeing has denied that neither HCL Tech nor Cyient were involved in development of MCAS. Similarly, in a statement to the exchanges, Cyient has refuted claims that the company was involved in development of Boeing 737 MAX's software systems.

 

Meanwhile, on Monday, the stock of Cyient Limited was quoting Rs. 535.85 per share, down by Rs. 6.85 or 1.26 per cent, while HCL Technologies was trading at Rs. 1,055.30 per share, down by 9.20 or 0.86 per cent at 11:15 hours on BSE.

 

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