India's Accelya Solutions sinks after first profit drop in 2-1/2 yrs

Accelya Solutions India

19/10/2023 10:18

** Shares of Accelya Solutions India Ltd  ACCY.NS  fall as
much as 10.1% to 1,515.45 rupees after first quarterly profit
fall since March 2021
    ** ACCY's first-quarter profit falls ~5% after expenses grow
faster than revenue, which rises at its slowest rise since March
2021
    ** Stock posts biggest intraday pct fall since May 5
    ** Nearly 140,000 shares change hands by 2:41 p.m. IST, 3.1x
the 30-day avg volume
    ** ACCY – which provides software solutions to airlines,
travel firm – trims YTD gains to 5.2%


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))