PRE-MARKET INDIAN STOCKS NEWS: Earnings from Hero MotoCorp, ICICI Prudential, Tata Elxsi

Adani Enterprises (ADE IS) - Co. signed a non-binding MoU with Jabil (JBL) to establish a 50:50 JV for manufacturing and assembling AI and data centre equipment in India. (Economic Times) Bank of Baroda (BOB IS) - NMC Healthcare founder BR Shetty is seeking USD 15bln in damages from the Co. and 25 other defendants over alleged fraud linked to NMC Healthcare. (Moneycontrol) Bharat Electronics (BHE IS) - Co. secured additional orders worth INR 5.33bln since 17th September 2026, covering communication equipment, avionics, cybersecurity solutions, drones, jammers, software, upgrades, spares and services. (Economic Times) Hero MotoCorp (HMCL IS) - Co. Q1 FY27 (INR) net rose 115.3% Y/Y to 102mln, rev. rose 24.9% Y/Y to 3.19bln. (Moneycontrol) Hindustan Oil Exploration (HOE IS) - Co. appointed Debabrata Das as CFO, effective 16th October. (Economic Times) Hyundai Motor India (HYUN IS) - Hyundai Motor Group announced plans to invest USD 15.5bln in India between 2026 and 2032. (Economic Times) ICICI Prudential Life Insurance (IPRU IS) - Co. Q2 net rose 25% Y/Y, supported by growth in new business and a shift towards protection and annuity products. (Economic Times) SBI Funds Management - Co. appointed R S Srinivas Jain as joint CEO and key managerial personnel, effective 13th October. (Moneycontrol) Tata Elxsi (TELX IS) - Co. Q2 (INR) net fell to 1.703bln (prev. 1.706bln Q/Q). (Economic Times) Zydus Lifesciences (ZYDUSLIF IS) - Co.'s Moraiya manufacturing facility in Ahmedabad received five observations following a US FDA inspection conducted between 5th and 13th October. (Moneycontrol)