** Shares of IVE Group IGL.AX rise as much as 4.6% to A$2.33, their highest level since September 2

** Shares of co set for their biggest intraday drop since August 7

** The marketing co has posted a 108% increase in its half-year net profit attributable, posting a bottom-line of A$27.1 million ($17.26 million)

** 109,138 shares change hands, vs the 30-day average of 111,423

** YTD, stock up 8.6%

($1 = 1.5701 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))