PRE-MARKET INDIAN STOCK NEWS: Titan and Trent report strong Q1 figures, Reliance receives administrative warning, Indian government to sell stake in Cochin Shipyard
Newsquawk Staff ·
India
Cochin Shipyard (COCHIN IS) - India's Department of Investment and Public Asset Management announced that the Government is to sell up to 5.04% stake in the Co. via an offer for sale. (X)
Jubilant FoodWorks (JUBI IS) - Co. reports Q1 consolidated revenue growth of 14.1% Y/Y, with Domino's India recording LFL growth of 2.5%. (Jubilant FoodWorks)
Indian Oil Corp (IOC IS), Hindustan Petroleum Corp (HPCL IS) - Cos have reportedly purchased c. 7mln barrels of crude oil through tenders last week, Reuters reports. (Reuters)
Reliance Industries (RIL IS) - Co. received an administrative warning from Sebi after two employees and one immediate relative traded in the Co.’s shares while in possession of unpublished price-sensitive information. (Economic Times)
Titan (TITN IS) - Co. reports Q1 consumer business growth of 41%, helped by healthy festival demand. Its jewellery business posts 39% growth across the portfolio domestically. (Titan)
Trent (TREN IS) - Co. reports Q1 2027 revenue from operations at INR 56.66bln, +19% Y/Y (prev. INR 47.81bln Y/Y); helped by continued store expansion at its Westside and Zudio chains. (Trent)
Other News
- India's markets regulator is reportedly aiming to make it easier for investors to short stocks by doubling the number of shares eligible for lending and borrowing and by cutting collateral requirements, Reuters reports.
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