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BUZZ — India's Tata Technologies gains on strong quarterly profit

* Shares of India's Tata Technologies rise 8.1% to 806.05 rupees * Stock on highest intraday percentage gain since August 7 * Stock on track for five straight sessions of gains * Indian software co says Q2 consolidated revenue rose 28.4% Y/Y to 16.99 billion rupees ($178.56 million) * Co's consolidated net profit rose to 1.71 billion rupees from 1.66 billion rupees a year ago * TATE expects double-digit growth for full year helped by robust demand, ongoing program ramp-ups, and healthy pipeline conversion * Ambit Capital expects growth to continue driven by large deal wins but cites weakness in European automotive demand and customer concentration reduction as key risks * Stock up 17.93% YTD ($1 = 95.1500 Indian rupees) (Reporting by Anushka Rajvedi in Bengaluru) ((mailto: anushka.rajvedi@thomsonreuters.com)

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