PRE-MARKET INDIAN STOCKS NEWS: NTPC (NTPC IS) board approved an INR 204.57bln investment in the 1,600MW Lara Super Thermal Power Project Stage III in Chhattisgarh
RBNZ Nowcast estimates Q2 GDP growth of 0.9%
Explosions reported at a US commercial site in Bahrain and new explosions reported in Kuwait with air defences active, while Kuwait's army says any sounds of explosions are a result of air defence systems intercepting hostile attacks
PRE-MARKET INDIAN STOCKS NEWS: NTPC (NTPC IS) board approved an INR 204.57bln investment in the 1,600MW Lara Super Thermal Power Project Stage III in Chhattisgarh
[MARKET ANALYSIS] Asia-Pac stocks retreat following a fresh exchange of US-Iran strikes over the weekend
Sirens sound again in Bahrain and the Ministry of Interior urges citizens and residents to proceed to the nearest safe place
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Avenue Supermarts (DMART IS) - Co. Q1 (INR) net rose 11.3% Y/Y to 8.60bln, rev. rose 14.9% Y/Y to 187.95bln. (Moneycontrol)
Dr Reddy’s Laboratories (DRRD IS) - Co. said commercial supplies of its generic semaglutide injection would be unavailable until at least October after impurities linked to the active pharmaceutical ingredient were identified during scale-up. (Economic Times)
Exato Technologies (EXATO IS) - Kedia Securities acquired 358k shares in the Co., increasing the combined holding of the firm and persons acting in concert to 9.68%. (Economic Times)
HDFC Bank (HDFCB IS) - Co. is shifting more employees from backend operations to customer-facing roles as technology-driven efficiencies free up capacity. (Economic Times)
InterGlobe Aviation (INDIGO IS) - Co. received a warning letter from the DGCA after an audit identified deviations from standard operating procedures and dangerous-goods regulations. (Economic Times)
L&T Finance (LTF IS) - Co. Q1 (INR) net rose 28.7% Y/Y to 9.03bln, net interest income rose 28.4% Y/Y to 29.25bln. (Moneycontrol)
LTIMindtree (LTIM IS) - Co. Q1 (INR) net rose 17.05% Y/Y to 14.69bln, rev. rose 17.96% Y/Y to 116.08bln. (Moneycontrol)
NTPC (NTPC IS) - Co.'s board approved an INR 204.57bln investment in the 1,600MW Lara Super Thermal Power Project Stage III in Chhattisgarh. (Economic Times)
Tata Motors Passenger Vehicles (TMPV IS) - Co. launched the Sierra Jubilee Edition after the SUV surpassed 50k unit sales. (Economic Times)
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