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BBOX — Black Box News Story

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TechnologySpeculativeMid CapMomentum Trap

India's Black Box rises on getting new clients in US

** Shares of IT services provider Black Box  BLAC.NS  rise
as much as 5.7% to 188.8 rupees, sharpest intraday gain since
Sept. 5
    ** Stock last up 1.8% 
    ** BLAC on track to snap three straight sessions of losses
    ** Co said it's cybersecurity business won 17 new U.S.
customers, including one Fortune 500 client 
    ** More than 146,000 shares change hands by 1:18 P.M. IST,
0.7x 30-day avg
    ** BLAC extends YTD gains to ~36%, stock fell 18.1% in 2022


 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com ;))

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