PRE-MARKET INDIAN STOCKS NEWS: Earnings from Bharat Heavy Electricals, Eicher Motors, Oil India & Titan
Bharat Heavy Electricals (BHEL IS) - Indian government will sell up to a 3% stake in the Co. via an offer for sale. (ET)
Brittania Industries (BRIT IS) - Co. Q3 (INR) consolidated net rose 17% Y/Y to 6.8bln, rev. from oper. rose 8% Y/Y to 49.7bln. (ET)
Eicher Motors (EIM IS) - Co. Q3 (INR) consolidated profit rose 21.4% Y/Y to 14.2bln, rev. rose 23% Y/Y to 61.1bln. (Moneycontrol)
Oil India (OIL IS) - Co. Q3 (INR) consolidated profit fell 10.7% Y/Y to 12.0bln, rev. fell 0.1% Y/Y to 83.3bln. (Moneycontrol)
Reliance Industries (RIL IS) - Co. consumer goods arm Reliance Consumer Products acquired Tamil Nadu's famous Manna parent Southern Health Foods. (ET)
Tata Motors Commercial Vehicle (TMCV IS) - Co. Indonesian subsidiary secured its largest-ever order for 70,000 Yodha and Ultra T.7 vehicles for deployment across Indonesia. (Moneycontrol)
Titan (TTAN IS) - Co. Q3 (INR) consolidated net rose 61% Y/Y to 16.8bln, total income rose 40% Y/Y to 245.9bln. (ET)
Other News
White House revised Fact Sheet on US-India trade deal with reference to pulses dropped and it changed the wording around India's proposed USD 500bln purchase from a firm "commitment" to an "intent". (Moneycontrol)