Cyient DLM Ltd's share prices have seen a rise of more than 12 percent today. The reason behind the rise in the company's shares is the work received from Boeing. The company has received the work of making BDM (battery diode module) for Boeing. The company has to complete this work for Boeing 787 Dreamliner.

Price reached close to a 52-week high.

After this order, the company's shares opened at Rs 775.05 on BSE. But after some time, the company's shares rose by 12 percent on BSE to reach Rs 872.55. This is very close to the company's 52-week high of Rs 882.90. Let us tell you, the company's 52-week low level is Rs 882.90 per share.

The company has said in the information given to the stock markets that this is the first project in which the work of production and design of power electronics has been given by Boeing for a commercial plane.

What is the financial position of the company?

In the information given to the stock markets last week, this company had informed that there has been an increase of 98.1 percent in its net profit. The company's net profit was Rs 10.50 crore in the June quarter. A year ago, in the same quarter, the company had a profit of Rs 5.3 crore. Talking about the revenue of Cyient DLM Ltd, it was Rs 257.80 crore. On an annual basis, there has been an increase of 18.70 percent in the company's revenue.

Cyient DLM Ltd's share prices have seen a 60 percent increase in the last one year. Let us tell you, this company has not given dividends even once. Neither have investors received bonus shares even once.

(This is not an investment advice. The stock market is subject to risks. Please seek expert advice before making any investment.)