India’s Allsec Technologies drops after third-quarter profit slumps

Alldigi Tech

25/01/2023 04:44

** Shares of Allsec Technologies  ALLS.NS  down as much as
5.8% at 540 rupees
    ** Co records sharpest intraday fall since Oct. 14 
    ** IT services and consulting co on Tuesday reported a 45.1%
fall in Dec. quarter net profit to 72.2 million rupees 
($885,672)
    ** Stock remains well above its 50-day, 100-day, and 200-day
moving average, indicating bullish pattern 
    ** More than 23,810 shares change hands, as of 9:50 a.m.
IST, 1.0x 30-day average of 23,578 shares
    ** Stock down 20.1% last year
    ($1 = 81.5200 Indian rupees)
 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))