India's Eimco Elecon plunges after Q2 profit fall

About this update from Eimco Elecon (india) Ltd.

** Shares of mining and construction equipment maker Eimco Elecon NSE:EIMCOELECO drop nearly 12% to 2,029 rupees** Co's Q2 profit drops 59% y-o-y, revenue falls 50% y-o-y** EIMC closed up about 20% in last session after Kedia Securities built stake** YTD, EIMC pares losses to 0.5%

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