PRE-MARKET INDIAN STOCKS NEWS: Tata Power (TPWR IS) Q1 (INR) net rose 1.4% Y/Y to 11.76bln and rev. rose 5.6% Y/Y to 190.51bln
Indian stocks show mixed Q1 results. Adani Energy seeks expansion capital while Bank of Baroda faces a data breach and HDFC Bank concludes its internal governance review.
News detail
Adani Energy Solutions (ADANIT IS) - Co. launched a QIP to raise INR 35bln, with the floor price set at INR 1,698.15/share. (Economic Times)Bank of Baroda (BOB IS) - Co. is reportedly investigating a cyberattack involving the alleged theft of customer and corporate banking data, according to media reports. (Economic Times)Bharat Electronics (BEL IS) - Co. Q1 (INR) net rose 8.7% Y/Y to 10.55bln. (Economic Times)Coal India (COAL IS) - Co. Q1 (INR) net rose 0.6% Y/Y to 88.52bln. (Economic Times)HDFC Bank (HDFCB IS) - Co.'s board concluded an internal review into its deposit arrangement with the Maharashtra State Road Development Corporation, finding the employees involved were guilty of business overreach rather than misconduct. (Economic Times)Tata Power (TPWR IS) - Co. Q1 (INR) net rose 1.4% Y/Y to 11.76bln and rev. rose 5.6% Y/Y to 190.51bln. (Economic Times)
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