PRE-MARKET INDIAN STOCKS NEWS: Cochin Shipyard (COCHIN IS) Q2 FY27 (INR) net fell 49.8% Y/Y to 540mln, rev. rose 11.7% Y/Y to 12.5bln

Bajaj Finance (BAF IS) - Co. approved the allotment of 57.4mln warrants to its promoter at INR 1,010 per warrant through a preferential issue. (Economic Times) Bank of Baroda (BOB IS) - Co. raised its MCLR across four tenures effective 12th November, with the one-month rate rising 5bps to 8.0% and the three-month and six-month rates rising 20bps each to 8.5% and 8.7%, respectively. (Economic Times) Bharat Heavy Electricals (BHEL IS) - Co. said the Telangana Commercial Tax Department dropped an INR 2.1bln tax demand relating to FY23. (Economic Times) Coal India (COAL IS) - Co. received SEBI approval for the proposed IPO of its wholly owned subsidiary Mahanadi Coalfields, involving an offer for sale of up to 661.8mln shares representing a 10% stake. (Economic Times) Cochin Shipyard (COCHIN IS) - Co. Q2 FY27 (INR) net fell 49.8% Y/Y to 540.0mln, rev. rose 11.7% Y/Y to 12.5bln. (Economic Times) IIFL Finance (IIFL IS) - Co. approved an INR 64.1bln preferential capital raise, led by a Blackstone investment of INR 50.0bln that will give the asset manager an approximately 16% stake on a fully diluted basis. (Economic Times) JSW Steel (JSTL IS) - Co. October crude steel production rose 19% Y/Y to 2.6mln tonnes, with capacity utilisation at Indian operations of 92%. (Newswires) Kalyan Jewellers (KALYNKJ IS) - Co. Q2 FY27 (INR) net rose 63.6% Y/Y to 4.3bln, rev. rose 31.4% Y/Y to 103.2bln. (Economic Times) MRF (MRF IS) - Co. Q2 FY27 (INR) net fell 26.6% Y/Y to 3.9bln, rev. rose 17.4% Y/Y to 86.6bln. (Moneycontrol) Whirlpool of India (WHIRL IS) - Co. Q2 FY27 (INR) net fell 40% Y/Y to 251.0mln, rev. rose 13.7% Y/Y to 18.7bln. (Moneycontrol)