India's Kamat Hotels eyes worst day in 17 years on Q2 loss

** Shares of Kamat Hotels KAMATHOTEL drop nearly 18% to 230 rupees, on track for it worst session since 2008

** Co posts loss of 29.4 million rupees ($334,490.02) in Q2 vs profit a year ago, rev from ops falls 12% y/y

** Nearly 647k shares change hands by 11:19 am IST, stock sees busiest session since Aug 19

** KAMT erases YTD gains

($1 = 87.8950 Indian rupees)