Q2 Results

Accenture's performance was evident among Indian IT stocks, which were up in the early hours of trading

The management said that the higher PAT growth was supported by improved margin through portfolio premiumisation, healthy mix and optimization of expenses,

Shares of the company ended about 0.3% lower on Wednesday and about 4% in 2022

CHENNAI/BENGALURU (Reuters) - India's Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported a drop in second-quarter profit, hit by higher cost of commodities and a slowdown in the broader fast-moving consumer goods (FMCG) sector in the country.

Aggressive store expansion, new menu choices ought to boost growth for QSR

Coal India, SBI and Adani Enterprises continue to trade with a robust bullishness, while TVS Motor and Bajaj Finance seem to be struggling to hold their ground, technical charts show.

Steel consumption, commercial vehicle sales and some other sectors help economy

The stock hit a new high at Rs 116.35 and has surged 111% from its record low of Rs 55.20 touched on May 11, 2022.

The stock was trading higher for the third straight day and has gained 6 per cent during this period.

India Inc's Q2 results point to pain ahead

The company reported a 24% increase in revenue during the first half of the year, to 29.05 billion rupees. It did not disclose a quarterly revenue figure

Chairman of the country's biggest lender State Bank of India (SBI) Dinesh Khara on Saturday asserted that analysts and broking houses are praising the financial performance of the bank which reported its highest profits recently. For the first time, SBI registered the highest-ever profits recorded by any corporate house, Khara said. "In the recent quarterly results, the bank's profits are the highest ever. SBI crossed the highest ever profits recorded by any corporate and analysts and broking houses are praising this," he said. In the second quarter of the current financial year, the net profit of the lender stood at Rs 13,265 crore, higher by 74 per cent compared to the previous similar period. Naming broking houses, he said, "Motilal Oswal Securities had stated SBI is in a cruising mood. ICICI Securities said that SBI is firing on all cylinders". Khara said that SBI is a "proxy to the Indian economy. This is so as the bank gets the patronage of 47 crore customers and is practica

Will low exports pause the rally in auto stocks?

Easing chip shortage helped auto sales touch the 1 million-mark in Q2. As demand entered a slow lane amid weak exports in October, the rally in auto shares lost its steam. Will this trend continue?

Several brokerages bullish on the stock with target prices ranging between Rs 330 and Rs 700

As the war for deposits escalates, the cost of money will rise and banks' NIM will be under pressure. Also, a few banks may invite trouble by aggressively growing their retail books without necessary

Gupta was previously the chief operating officer for the travel company Makemytrip

Margins may have bottomed out, say analysts

Between the two, Sun had better growth rates than Zee in the Sept quarter

In the past one month, shares of Union Bank of India zoomed 61 per cent, as against 4 per cent rise in the S&P BSE Sensex

The biggest gains came to banks, which reported a 35.8 per cent YoY growth rate in their combined net profit in Q2 FY23