BUZZ-India's Coforge sees worst day in 8 mths on block deals

** Shares of IT services provider Coforge Ltd fall as much as 6.86% to 4037 rupees - steepest intraday slide since May 25, 2022
** Co posts lowest level since Jan. 19, 2023
** More than 6 mln shares change hands in one block deal at 09:07 a.m. IST, at 4,050 rupees apiece

** More than 6.85 mln shares traded as of 09:30 a.m. IST, 15.5 times their 30-day moving avg 442, 896 shares
** Co sees heaviest trading day since Aug. 8, 2021

** Sixteen of 23 brokerages rate the stock "buy" or higher, 3 "hold" and 4 "sell" or lower; their median PT is 4,490 rupees - Refinitiv data

** Stock slumped 34.06% in 2022
(Reporting by Hritam Mukherjee in Bengaluru)

Reuters

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off-the-wire

BUZZ-India&apos;s Coforge sees worst day in 8 mths on block deals

By Reuters

Reuters

Reuters

BUZZ-India's Coforge sees worst day in 8 mths on block deals