BUZZ — India's Onward Technologies hits exchange — allowed peak after Q2 profit jump

* Shares of Onward Technologies jump 20% to hit exchange-mandated upper limit of 427.40 rupees * Software outsourcing co's Q2 consol profit jumps 40.5% Y/Y to 167.7 mln rupees ($1.8 mln) * Q2 consol revenue rises 22.5% Y/Y to 1.7 bln rupees * Trading vols over 13x the 30-day average at 962,006 shares so far * YTD, OTEC up ~49% ($1 = 95.0625 Indian rupees) (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;)