India's Eimco Elecon plunges after Q2 profit fall

** 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%