Cyient Inks Pact With Kii For Smart City Deployments

Cyient has signed a non-exclusive business alliance agreement with Kii Corporation in order to explore, bid and address business opportunities around smart city deployments in the country.

The partnership will combine Cyient’s domain expertise and geospatial capabilities with Kii’s IoT platform to develop connected solutions through smart devices and applications.

Under the agreement, Cyient will also provide Kii with project delivery and implementation services. Meanwhile, the stock traded in the positive territory gaining 1% at Rs 531.05 per share on BSE on Thursday’s trade.

On a yearly basis, the stock has underperformed BSE Mid-cap index and outperformed BSE IT index. On NSE, the stock witnessed a traded volume of 11,704 shares and a traded value of 62.14 lakh.

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About Suhani Varma

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