Q2 Results
Despite layoffs, Accenture Q2 outlook a relief for IT companies
Accenture's performance was evident among Indian IT stocks, which were up in the early hours of trading
 "Despite layoffs, Accenture Q2 outlook a relief for IT companies")
P&G Health soars 15% after PAT jumps 71% YoY in December quarter results
The management said that the higher PAT growth was supported by improved margin through portfolio premiumisation, healthy mix and optimization of expenses,
 "P&G Health soars 15% after PAT jumps 71% YoY in December quarter results")
Gillette India Q2 profit rises 6% on strong demand for grooming products
Shares of the company ended about 0.3% lower on Wednesday and about 4% in 2022
 "Gillette India Q2 profit rises 6% on strong demand for grooming products")
P&G Hygiene and Health Care Q2 profit dips 2% to Rs 207 cr as costs surge
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.
 "P&G Hygiene and Health Care Q2 profit dips 2% to Rs 207 cr as costs surge")
Jubilant still upper crust even as near-term margins slice up stock
Aggressive store expansion, new menu choices ought to boost growth for QSR
 "Jubilant still upper crust even as near-term margins slice up stock")
Post impressive Q2 results: SBI, Coal India look set for up to 21% rally
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.
 "Post impressive Q2 results: SBI, Coal India look set for up to 21% rally")
Rice production, telecom subscribers pull down GDP growth in Q2 FY23
Steel consumption, commercial vehicle sales and some other sectors help economy
 "Rice production, telecom subscribers pull down GDP growth in Q2 FY23")
Kalyan Jewellers hits new high in a weak market; rallies 18% in 4 days
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.
 "Kalyan Jewellers hits new high in a weak market; rallies 18% in 4 days")
JK Lakshmi Cement hits record high, stock soars 28% in November
The stock was trading higher for the third straight day and has gained 6 per cent during this period.
 "JK Lakshmi Cement hits record high, stock soars 28% in November")
A turn in the tide
India Inc's Q2 results point to pain ahead
Oyo Hotels reports net loss of Rs 333 cr in Q2; revenue increases 24%
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
 "Oyo Hotels reports net loss of Rs 333 cr in Q2; revenue increases 24%")
SBI reports highest profit, broking houses lauding us, says Dinesh Khara
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
 "SBI reports highest profit, broking houses lauding us, says Dinesh Khara")
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?
 "Will low exports pause the rally in auto stocks?")
Delhivery cedes more ground, hits new low despite Q2 loss shrinking
Several brokerages bullish on the stock with target prices ranging between Rs 330 and Rs 700
 "Delhivery cedes more ground, hits new low despite Q2 loss shrinking")
Will the dream run continue for banks?
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
Zomato co-founder Mohit Gupta quits; third big exit in two weeks
Gupta was previously the chief operating officer for the travel company Makemytrip
 "Zomato co-founder Mohit Gupta quits; third big exit in two weeks")
Worst may be over for NMDC stock: Cash flows likely to improve, say experts
Margins may have bottomed out, say analysts
 "Worst may be over for NMDC stock: Cash flows likely to improve, say experts")
Zee Entertainment, Sun TV may underperform on advertising growth worries
Between the two, Sun had better growth rates than Zee in the Sept quarter
 "Zee Entertainment, Sun TV may underperform on advertising growth worries")
Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month
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
 "Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month")
BFSI's share in India Inc's Q2 profits hits record high of 41.5%
The biggest gains came to banks, which reported a 35.8 per cent YoY growth rate in their combined net profit in Q2 FY23
 "BFSI's share in India Inc's Q2 profits hits record high of 41.5%")
