** Shares of Engineering firm IMI IMI.L up ~3% at 1,708p
** Stock among top pct gainers on the FTSE 100 index .FTSE which is up 0.1%
** Posts Q3 organic revenue growth of 1% despite transport unit's slowdown and ongoing challenges in life sciences according to Jefferies
** Co reaffirms annual adjusted EPS outlook, but flags "additional foreign exchange headwinds"
** Including session's gains, stock up 1.4% YTD
(Reporting by DhanushVignesh Babu in Bengaluru)
((DhanushVignesh.Babu@thomsonreuters.com))