PRE-MARKET INDIAN STOCKS NEWS: Wipro (WPRO IS) Q4 (INR) net fell 1.9% Y/Y to 35.02bln, rev. rose 7.7% Y/Y to 242.36bln
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Angel One (ANGELONE IS) - Co. Q4 (INR) net rose 83.5% Y/Y to 3.20bln, rev. rose 38.2% Y/Y to 14.59bln and board approved fund-raising up to 15.00bln via NCDs. (Moneycontrol)Axis Bank (AXSB IS) - Co. said its board will explore fund-raising via issuance of equity shares or other instruments on April 25. (Moneycontrol)HDFC Life Insurance Company (HDFCLIFE IS) - Co. Q4 (INR) net rose 4.65% Y/Y to 4.98bln, net premium income rose 9% Y/Y to 259.98bln and net commission rose 7.8% Y/Y to 27.85bln. (Moneycontrol)Rail Vikas Nigam (RVNL IS) - Co. said it has emerged as the lowest bidder for a project worth INR 9.68bln involving construction of the 3rd and 4th railway lines and bridges on an EPC mode. (Moneycontrol)Wipro (WPRO IS) - Co. Q4 (INR) net fell 1.9% Y/Y to 35.02bln, rev. rose 7.7% Y/Y to 242.36bln, IT services rev. rose 7% Y/Y to 240.17bln, dollar IT services rev. rose 2.1% Y/Y to 2,651mln, operating margin fell to 17.3% (prev. 17.5%), guided Q1FY27 dollar rev. at 2,597mln-2,651mln (prev. 2,651mln Q/Q) and board approved proposal to buy back 60 crore shares. (Moneycontrol)
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