PRE-MARKET INDIAN STOCKS NEWS: Earnings from NTPC, Eicher Motors and Hindalco Industries

Eicher Motors (EIM IS) - Co. Q4 (INR) net rose 11.6% Y/Y to 15.2bln, rev. rose 16% Y/Y to 60.8bln. (Moneycontrol)

Federal Bank (FB IS) - Co. received RBI approval for the appointment of Elias George as part-time chairman for three years, effective May 23. (Moneycontrol)

Glenmark Pharma (GNP IS) - Co.’s Glenmark USA agreed to a USD 29.628mln settlement with state attorneys general, payable in annual instalments over five years, subject to court approval. (Moneycontrol)

Hindalco Industries (HNDL IS) - Co. Q4 (INR) net fell 50.9% Y/Y to 25.97bln, rev. rose 20.4% Y/Y to 781.33bln. (Moneycontrol)

ICICI Bank (ICICIBC IS) - Co. received RBI approval to reappoint Sandeep Bakhshi as CEO for a further two years from October 4. (Economic Times)

Lemon Tree Hotels (LEMONTRE IS) - Co. said CCI approved the acquisition of certain Fleur Hotels equity shares by Coastal Cedar Investments BV and the internal restructuring of the Lemon Tree Hotels group. (Moneycontrol)

Lupin (LPC IS) - Co. said China’s National Medical Products Administration approved its ANDA for Oseltamivir Phosphate, developed in partnership with Yabao Pharmaceuticals, marking its first product entry into China. (Moneycontrol)

NTPC (NTPC IS) - Co. Q4 (INR) net rose 34.4% Y/Y to 106.15bln, rev. fell 0.3% Y/Y to 496.88bln. (Moneycontrol)

RBL Bank (RBK IS) - Emirates NBD Bank announced an open offer to acquire up to 415.5mln shares of the Co., representing 26% of expanded voting share capital, at INR 282.38/shr. (Moneycontrol)

Torrent Pharmaceuticals (TRP IS) - Co. Q4 (INR) net fell 21.9% Y/Y to 3.89bln, rev. rose 41.8% Y/Y to 41.97bln. (Moneycontrol)

TVS Motor Company (TVSL IS) - Co. will replace Adani Enterprises in the Sensex 50 index, while Adani Enterprises, Ashok Leyland, One 97 Communications and CG Power and Industrial Solutions will replace TVS Motor Company, Ambuja Cements, Colgate Palmolive and Tube Investments of India in the BSE Sensex Next 50 index. (Moneycontrol)

Wipro (WPRO IS) - Co. set June 5, 2026 as the record date for its proposed INR 150bln share buyback. (Economic Times)

YES Bank (YES IS) - Co. is focused on strengthening fundamentals across people, processes, products and technology while pursuing steady growth in corporate and retail segments, according to MD and CEO Vinay Tonse. (Economic Times)