PRE-MARKET INDIAN STOCK NEWS: Container Corporation of India, Rail Vikas Nigam & Suzlon Energy

Bharat Electronics (BHE IS) - Co. received additional orders worth INR 6.08bln since May 5. (Moneycontrol)Container Corporation of India (CCRI IS) - Co. Q4 (INR) net fell 12.4% Y/Y to 2.63bln, rev. fell 1.1% Y/Y to 22.63bln. (Moneycontrol)Hindalco Industries (HNDL IS) - Co. expects raw material costs to rise another 5% in the coming quarters amid geopolitical tensions. (Economic Times)IRFC (IRFC IS) - Co. signed a term loan agreement to refinance INR 135.27bln of Hyderabad Metro Rail debt obligations. (Economic Times)JSW Energy (JSW IS) - Co. raised INR 40.00bln via QIP at an issue price of INR 525/shr. (Moneycontrol)ONGC (ONGC IS) - Co. picked BP to help boost production from fields accounting for around 72% of its gas output and 60% of its oil output. (Economic Times)One 97 Communications (PAYTM IS) - Co.’s Paytm Cloud Technologies will invest EUR 9mln in its European payment entity. (Economic Times)Pine Labs (PINELABS IS) - Co. Q4 (INR) net 590mln (prev. loss INR 290mln Y/Y), rev. rose 17% Y/Y to 7.01bln. (Economic Times)Premier Energies (PREMIERENE IS) - Co.’s promoter family sold shares worth nearly INR 22.89bln in a large block deal. (Economic Times)Rail Vikas Nigam (RVNL IS) - Co. Q4 (INR) net fell 58.9% Y/Y to 1.87bln, rev. rose 4.2% Y/Y to 66.96bln. (Moneycontrol)Suzlon Energy (SUEL IS) - Co. Q4 (INR) net fell 6% Y/Y to 11.14bln, rev. rose 45% Y/Y to 54.68bln. (Economic Times)