** Cyient DLM CYIT.NS falls ~5% to 445.55 rupees, set for second consecutive session of losses
** Integrated electronics manufacturer's Q2 revenue and profit drop y/y
** Choice Institutional Equities downgrades to "sell", reduces price-to-earnings multiple to 15x from 20x on declining confidence
** Nearly 450,000 shares change hands on the day, ~1.5x of 30-day avg daily volume
** Analysts on avg rate CYIT "buy"; median PT at 532 rupees, per data compiled by LSEG
** YTD, stock down 33.4%
(Reporting by Vivek Kumar M)
((VivekKumar.M@thomsonreuters.com;))