India's Kuantum Papers falls as Q1 profit plunges
** Kuantum Papers KAUN.NS falls as much as 6.3% to 117.1 rupees ** Paper maker's Q1 net profit plunges 68.4% y/y; income from ops down 20.4% ** Stock down 2.2% so far this week, set to lose for 2nd straight week ** More than 78,000 shares traded, almost in line with 30-day moving avg of 80,767 ** KAUN last down 5.6%, trims YTD gains to ~1% (Reporting by Meenakshi Maidas in Bengaluru) ((meenakshi.maidas@thomsonreuters.com;))