April 4, 2019 / 5:11 AM / 3 months ago

CORRECTED-BUZZ-India's HCL Technologies sees biggest intraday pct fall in nearly 4 mths

(Corrects headline to say shares fell, not gained; corrects spelling of forward in second bullet)

** Shares of software services exporter HCL Technologies Ltd fall as much as 3.5 pct to 1,081.5 rupees, their biggest intraday pct loss since Dec 7, 2018

** Co’s forward PE is 15.33 below sector average of 15.74

** About 1.4 mln shares change hands compared with the 30-day average of around 1.9 mln shares

** 30 of the 44 analysts covering the stock have “buy” or higher ratings, 10 “hold” and 4 “sell” or lower; median PT 1,170 rupees - Refinitiv Eikon data

** Stock among top pct losers on NSE index

** Stock up 16.20 pct this year as of last close, compared with the 7.19 pct rise in the broader NSE Index in the same period

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