PRE-MARKET INDIAN STOCKS NEWS: Earnings from Container Corp. of India, ITC, National Aluminium Co, and Petronet
ORIGINAL · NewsquawkPRE-MARKET INDIAN STOCKS NEWS: Earnings from Container Corp. of India, ITC, National Aluminium Co, and PetronetRead originalHide original
Container Corporation of India (CCRI IN) - Co. Q2 (INR) net fell 6.8% Y/Y to 3.53bln, rev. rose 1% Y/Y to 23.79bln. (Economic Times) IDBI Bank (IDBI IN) - Co. employees and officers began a two-day nationwide strike on November 2-3 opposing the proposed sale of a controlling stake in the lender to Canada's Fairfax Financial Holdings. (Economic Times) ITC (ITC IN) - Co. Q2 (INR) net fell 18.5% Y/Y to 42.29bln, rev. rose 5% Y/Y to 204.54bln, with weaker cigarette earnings weighing on profitability despite growth in FMCG, agriculture and paper businesses. (Economic Times) KEC International (KECI IN) - Co. Q2 (INR) net fell 81.5% Y/Y to 297mln, rev. fell 10.2% Y/Y to 54.677bln. (Moneycontrol) Lupin (LPC IN) - Co. received US FDA approval for its abbreviated new drug application for Amifampridine Tablets 10mg, a generic equivalent of Catalyst Pharmaceuticals' Firdapse. (Moneycontrol) Marico (MRCO IN) - Co. Q2 (INR) net rose 31% Y/Y to 5.5bln. (Economic Times) National Aluminium Company (NACL IN) - Co. Q2 (INR) net rose 28.3% Y/Y to 18.35bln, rev. rose 26.3% Y/Y to 54.19bln, approved FY27 interim dividend of INR 4.50/shr with November 6 as the record date. (Moneycontrol/Economic Times) Petronet LNG (PLNG IN) - Co. Q2 (INR) net rose 9.1% Q/Q to 12.3bln, rev. rose 29.6% Q/Q to 72bln. (Economic Times) PTC India (PTC IN) - Co. Q2 (INR) net fell 24.8% Y/Y to 1.44bln, EBITDA fell 48.1% Y/Y to 1.43bln, rev. rose 6.5% Y/Y to 58.12bln. (Economic Times) Sun Pharmaceutical Industries (SUNP IN) - Co. clarified that reports of an order to halt production of an eye-care drug at one of its plants related to developments in August 2026, with no new developments on October 30. (Economic Times)
The November 3 roundup reports varied quarterly results, a proposed-stake-sale strike, a Lupin US FDA approval, National Aluminium’s dividend, and Sun Pharma’s clarification.
News detail
Container Corporation of India (CCRI IN) - Co. Q2 (INR) net fell 6.8% Y/Y to 3.53bln, rev. rose 1% Y/Y to 23.79bln. (Economic Times) IDBI Bank (IDBI IN) - Co. employees and officers began a two-day nationwide strike on November 2-3 opposing the proposed sale of a controlling stake in the lender to Canada's Fairfax Financial Holdings. (Economic Times) ITC (ITC IN) - Co. Q2 (INR) net fell 18.5% Y/Y to 42.29bln, rev. rose 5% Y/Y to 204.54bln, with weaker cigarette earnings weighing on profitability despite growth in FMCG, agriculture and paper businesses. (Economic Times) KEC International (KECI IN) - Co. Q2 (INR) net fell 81.5% Y/Y to 297mln, rev. fell 10.2% Y/Y to 54.677bln. (Moneycontrol) Lupin (LPC IN) - Co. received US FDA approval for its abbreviated new drug application for Amifampridine Tablets 10mg, a generic equivalent of Catalyst Pharmaceuticals' Firdapse. (Moneycontrol) Marico (MRCO IN) - Co. Q2 (INR) net rose 31% Y/Y to 5.5bln. (Economic Times) National Aluminium Company (NACL IN) - Co. Q2 (INR) net rose 28.3% Y/Y to 18.35bln, rev. rose 26.3% Y/Y to 54.19bln, approved FY27 interim dividend of INR 4.50/shr with November 6 as the record date. (Moneycontrol/Economic Times) Petronet LNG (PLNG IN) - Co. Q2 (INR) net rose 9.1% Q/Q to 12.3bln, rev. rose 29.6% Q/Q to 72bln. (Economic Times) PTC India (PTC IN) - Co. Q2 (INR) net fell 24.8% Y/Y to 1.44bln, EBITDA fell 48.1% Y/Y to 1.43bln, rev. rose 6.5% Y/Y to 58.12bln. (Economic Times) Sun Pharmaceutical Industries (SUNP IN) - Co. clarified that reports of an order to halt production of an eye-care drug at one of its plants related to developments in August 2026, with no new developments on October 30. (Economic Times)
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