India's Bharat Bijlee set for its worst session in about 6 months on Q1 profit drop
BUZZ-India's Bharat Bijlee set for its worst session in about 6 months on Q1 profit drop ** Shares of Bharat Bijlee BBJL.NS down 6.9% to 2387 rupees
** Transformers and electric motors maker's Q1 net profit dropped 29.6% to 196.3 mln rupees ($2.1 mln), as 21.4% rise in expenses offset a 17.7% rev growth
** Stock set for its worst session since Feb 9
** More than 162,000 shares traded, 4.8x their 30-day moving avg
** Shares changed hands most since May 6
** YTD, BBJL down ~11%
($1 = 95.3800 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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