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CYIENTDLM — Cyient DLM News Story

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India's Cyient DLM falls on lower Q2 earnings

** 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;))

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