BUZZ — India's Elecon Engineering jumps most in more than two years on Q2 profit rise

* Material handling equipment and industrial gear maker Elecon Engineering shares rise as much as 14.05%, their biggest intraday percentage gain since June 12, 2024, to 501.8 rupees apiece * Rise after ELCN posts a 10% year-on-year rise in consolidated net profit in the September quarter to 963.5 million rupees ($10.1 million) * Revenue from operations jumps 10.5% Y/Y to 6.39 billion rupees * ELCN declares interim dividend of 0.5 rupees per share; record date for the payment on October 21 * Order intake remains stable at 4.93 billion rupees in Q2, H1 order intake up 8.8% to 10.63 billion rupees, says ELCN * Adds, open order book increased 37% Y/Y to 10.56 billion rupees, providing healthy revenue visibility * Shares little changed YTD ($1 = 95.0900 Indian rupees) (Reporting by Bharath Rajeswaran in Bengaluru) ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;)