PRE-MARKET INDIAN STOCKS NEWS: HCL Technologies (HCLT IS) signed a strategic partnership with a European company to establish an AI-driven operating model for global digital workplace management

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PRE-MARKET INDIAN STOCKS NEWS: HCL Technologies (HCLT IS) signed a strategic partnership with a European company to establish an AI-driven operating model for global digital workplace management

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Adani Enterprises (ADE IS) - Co. launched a QIP, setting the floor price at INR 3,034.68/shr. (Economic Times)

Bajaj Finance (BAF IS) - Co. said Q1 new loans booked grew 20% Y/Y to 1.61 crore, AUM rose 24% Y/Y to INR 5.46lakh crore and customer franchise stood at 12.44 crore. (Moneycontrol)

Bharat Petroleum Corporation (BPCL IS) - Co.’s subsidiary BPRL Ventures acquired the remaining 39.14% stake in IBV Brasil Petroleo for INR 2,312 crore. (Moneycontrol)

Central Bank of India (CBK IS) - Co. said Q1 deposits rose 11.66% Y/Y to INR 4.78lakh crore, total business rose 18.36% Y/Y to INR 8.33lakh crore and gross advances rose 28.77% Y/Y to INR 3.54lakh crore. (Moneycontrol)

HCL Technologies (HCLT IS) - Co. signed a strategic partnership with a European company to establish an AI-driven operating model for global digital workplace management. (Moneycontrol)

HDFC Bank (HDFCB IS) - Co. has built its own AI platform and fraud-monitoring system. (Economic Times)

Hindustan Zinc (HZ IS) - Co. said Q1 mined metal production rose 1% Y/Y to 2.68lakh tonnes and saleable metal production rose 4% Y/Y to 2.60lakh tonnes. (Moneycontrol)

Marico (MRCO IS) - Co. expects consolidated Q1 revenue to grow in the low-twenties percentage range, helped by robust core, digital and international performance. (Economic Times)

Punjab National Bank (PNB IS) - Co. said Q1 global business rose 10.32% Y/Y to INR 29.99lakh crore and domestic business increased 9.91% Y/Y to INR 28.75lakh crore. (Moneycontrol)

Tata Motors (TTMT IS) - Co. said Q1 passenger vehicle sales rose 46% Y/Y to 182,574 units, while JLR Q1 wholesales fell 9.2% Y/Y to 79,300 units. (Moneycontrol)

Union Bank of India (UNBK IS) - Co. said Q1 total global business rose 7.47% Y/Y to INR 23.79lakh crore, deposits rose 3.5% Y/Y to INR 12.83lakh crore and advances rose 12.50% Y/Y to INR 10.96lakh crore. (Moneycontrol)

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