PRE-MARKET INDIAN STOCKS NEWS: RBI tightened rules for loans provided to brokers and proprietary firms in an effort to reduce market speculation

Fortis Healthcare (FORH IS) - Co. Q3 (INR) consolidated profit fell 21.9% Y/Y to 1.94bln (prev. 2.48bln), revenue rose 17.5% Y/Y to 22.65bln (prev. 19.28bln). (Moneycontrol)

GMR Airports (GMRI IS) - Co. Q3 (INR) consolidated profit fell 13.9% Y/Y to 1.74bln (prev. 2.02bln), revenue rose 50.5% Y/Y to 39.94bln (prev. 26.53bln). (Moneycontrol)

Hindustan Copper (HCP IS) - Co. received a demand notice from the Government of Jharkhand seeking INR 9.29bln in compensation, alleging production at the Surda mine without valid statutory clearances or beyond permissible limits during FY2000-01 to FY2016-17; Co. denies the allegations and is taking appropriate legal action. (Moneycontrol)

National Fertilisers (NFL IS) - Co. Q3 (INR) consolidated profit rose 195.1% Y/Y to 1.35bln (prev. 0.46bln), revenue rose 17.3% Y/Y to 68.70bln (prev. 58.56bln). (Moneycontrol)

Ola Electric Mobility (OLAELEC IS) - Co. Q3 (INR) consolidated loss narrowed to 4.87bln (prev. loss 5.64bln Y/Y), revenue fell 55% Y/Y to INR 4.70bln (prev. 10.45bln). (Moneycontrol)

Other News

RBI tightened rules for loans provided to brokers and proprietary firms in an effort to reduce market speculation. (Newswires)