Reuters Market Eye - Watches and jewellery maker Titan Company Ltd on slumps as much as 6.8 percent.
Heads towards biggest single-day fall since Sept. 2013.
July-Sept. earnings lagged some estimates.
Profit rose 28.6 percent to 2.4 billion rupees ($39.12 million) and sales rose by 55.7 percent to 35.65 billion rupees.
Strong sales growth driven by one-off jewellery sales led by the foreclosure of advance purchase schemes, says analysts.
Shares down 6.1 percent at 10:00 a.m.
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($1 = 61.3500 rupees)
(Reporting by Abhishek Vishnoi)