India's Barbeque Nation sheds 3% after reporting IT security incident

United Foodbrands

03/04/2023 06:41

** Shares of Indian casual dining restaurant chain Barbeque
Nation  BARQ.NS  fall as much as 2.87% to 615 rupees
    ** Fall in stock comes after BARQ reported an IT security
incident, post market hours on Friday
    ** BARQ isolates its impacted IT assets, adds core
operations remain unaffected
    ** Probing the matter and will take appropriate actions to
address the incident - BARQ
    ** Trading volume is 27,082 shares, as of 11:06 a.m. IST,
0.3x the 30-day avg of 90,776 shares - Refinitiv data
    ** Of the five analysts tracking BARQ, four have 'buy'
rating and one 'hold;' median TP is 1,203 rupees - Refinitiv
data




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))