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Sat, Oct 27, 2012 at 12:00
Earnings counter: Corporate biggies like Dabur, Hindustan Unilever, Mahindra & Mahindra reported good numbers in the quarter ended September. Private sector lender ICICI Bank beat expectations with a 30% growth in Q2. Oriental Bank of Commerce too surprised the street with a whopping 80% jump in net profit. However, public sector lender Punjab National Bank's net fell in the second quarter.
As the slowdown in the auto segment continues, Hero MotoCorp’s net declined in Q2. Other companies like NTPC, Nalco, GAIL, Hindustan Construction Company (HCC), Asian Paints, Lupin’s Q2 results were also declared.