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

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)

#INDIA#INR#UNITED KINGDOM#ASIA#EUROPE#3I GROUP PLC#DR REDDY'S LABORATORIES LTD#DRRD.IS#HDFC BANK LTD#HDFCB.IS#NTPC LTD#NTPC.IS#EQUITIES#ASIAN SESSION#HIGHLIGHTED#RESEARCH SHEET#ASSET MANAGEMENT & CUSTODY BANKS#CAPITAL MARKETS#FINANCIAL SERVICES#FTSE 100 INDEX#III#ASIAN EQUITIES
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