UPDATE 2-India's Maruti Q2 net profit at $27.4 mln


(Adds quote, background, share price) By Arif Sharif NEW DELHI, Oct 31 (Reuters) - Maruti Udyog Ltd, India's biggest carmaker, reported an expected 3.1 percent rise in second quarter profit from the preceding three months and analysts said the firm was poised for sizzling growth in second half sales. Maruti , held 54.2 percent by Japan's Suzuki Motor Corp , has been helped by a cut in product tax in February that allowed all carmakers to drop prices and low interest rates that have ...

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