💢Asia-Pac stocks begin mostly lower following the
mixed lead from Wall St where sentiment was
clouded as hardliners voiced opposition to the debt
ceiling bill, while participants also digest a slew of
data releases at month-end; ASX 200 (-0.4%), Nikkei
225 (-1.1%), KOSPI (+0.1%)

💢STOCKS TO WATCH: SUZLON, TORRENT PHARMA
PRIME FOCUS, RAMA STEEL, HARIOM PIPES,
PATANJALI FOODS, TEGA IND, GUFIC BIO,
HIMATSINGKA, INDO COUNT, SUN PHARMA, FIEM
IND, LUPIN, ADANI PORTS, ASTRAZENECA

💥Suzlon Energy: Q4 Cons Net Profit 2.80b Rupees Vs
Loss 2.04b (YoY); Profit 784m (QoQ) Q4 Revenue
16.90b Rupees Vs 24.4b (YoY); 14.5b (QoQ) Co Has
An Exceptional Items Loss Of 2.51b Rupees

💥Torrent Pharmaceuticals: Q4 Cons Net Profit 2.87b
Rupees Vs Loss 1.18b (YoY); Profit 2.92b (QoQ)
Q4 Revenue 24.91b Rupees Vs 21.31b (YoY); 24.9b
(QoQ) Co Recommended Final Dividend 8 Rupees
Per Equity Share

💥Prime Focus: Q4 Cons Net Profit 1.64b Rupees Vs
Loss 900m (YoY); Profit 163m (QoQ) Q4 Revenue
14.26b Rupees Vs 10.86b (YoY); 11.04b (QoQ)

💥Rama Steel Tubes: Q4 Cons Net Profit 101m Rupees
Vs 34m (YoY); 43m (QoQ) [| Q4 Revenue 3.37b
Rupees Vs 1.95b (YoY); 2.45b (QoQ)

💥Hariom Pipes: Q4 S| Net Profit 172m Rupees Vs 98m
(YoY); 101m (QoQ) Q4 Revenue 2.5b Rupees Vs
1.2b (YoY); 1.23b (QoQ)

💥Patanjali Foods: Q4 SI Net Profit 2.64b Rupees Vs
2.3b (YoY); 2.69b (QoQ) Q4 Revenue 78.73b Rupees
Vs 66.64b (YoY); 79.27b (QoQ) Co Recommended
Dividend Of 6 Rupees Per Equity Share

💥Tega Industries: Q4 Cons Net Profit 773m Rupees Vs
489m (YoY); 484m (QoQ) Q4 Revenue 3.96b Rupees
Vs 2.9b (YoY); 2.97b (QoQ) Il Co Recommended Final
Dividend Of 2 Rupees Per Equity Share

💥Gufic Biosciences: Co Says Cleared Physical Audit
Of Brazilian Health Regulatory Agency Successfully
Without Any Observation Co Says Received Good
Manufacturing Practices Certificate From Anvisa For
Gujarat Plant Co Says Will Enable Co To Expand
Business In Brazil

💥HimatsingkaSeide: Q4 Cons Net Profit 223m Rupees
Vs 80m (YoY); 22m (QoQ) [| Q4 Revenue 6.90b
Rupees Vs 7.65b (YoY); 7.37b (QoQ)

💥Indo Count Industries: Q4 Cons Net Profit 947m
Rupees Vs 853m (YoY); 377m (QoQ) Q4 Revenue
8.07b Rupees Vs 6.54b (YoY); 6.57b (QoQ)

💥Sun Pharma: Co Announces China Nmpa Approval
Forllumetri (Tildrakizumab Injection) For Treatment
Of Adults With Moderate-To-Severe Plaque Psoriasis

💥Fiem Industries: Q4 Cons Net Profit 380m Rupees Vs
337m (YoY); 319m (QoQ) [I Q4 Revenue 4.36b Rupees
Vs 4.9b (YoY); 4.4b (QoQ) Co Recommended Final
Dividend Of 30 Rupees Per Equity Share

💥Lupin: Co Announces Launch Of Cetuximab [|
Announced Strategic Collaboration With Enzene
Biosciences To Launch Cetuximab In India


💥Adani Ports: Q4 Cons Net Profit 11.69b Rupees
Vs 11.03b (YoY); 13.15b (QoQ) Q4 Revenue
57.97b Rupees Vs 41.41b (YoY); 47.86b (QoQ) || Co
Recommended A Dividend Of 5 Rupees Per Equity
Share

Live started join fast

💢Asia-Pac stocks lack firm direction following
the subdued performance on Wall St where risk
sentiment was constrained at month-end and after
mixed data; ASX 200 (Flat), Nikkei 225 (+0.1%),
KOSPI (+0.1%)

💢STOCKS TO WATCH: UNITED DRILLING, BHARAT
ROAD, M&M, HIL, LAURUS LABS, TATA MOTORS,
COAL INDIA, HFCL, ADANI ENT, ADANI TOTAL, MOIL

💥United Drilling Tools: Co Awarded Order Worth 720m
Rupees

💥Bharat Road Network: Court Dismissed NHAI
Application To Set Aside 2019 Arbitration Award To
Co's Unit

💥M&M: Co Unit Mahindra Holdings Has Completed The
Sale Of 30% Of The Paid-Up Equity Share Capital Of
Mahindra Susten To 20l Co Says Timeline For Sale
Of Additional 9.99% Stake Of Mahindra Susten By
Mahindra Holdings Extended To 31 March, 2024

💥HIL: Co Says Operations Of Chennai Plant
Temporarily Stopped Due To Strike By Contract
Workers Situation Closely Monitored, All Endeavors
Made Towards Cordial Resolution And Normalcy

💥Laurus Labs: Co Signed Investment Agreement
WithImmunoadoptive Cell Therapy Co To Further
Acquire 7.24% Stake For Consideration Of About 800
MIn Rupees

💥Tata Motors: Jaguar Land Rover Recalls Nearly 6,400
Jaguar |-Pace Vehicles In The United States Over
Fire Risks – Filing

💥Coal India: Coal India Ofs Likely To Be Launched
Tomorrow, June 1 Floor Price For Ofs Is At Rs 225/
Share, 6.6% Discount To CMP Base Size Is 1.50%
Equity With Green Shoe Option Of 1.50% Equity
Govt Likely To Raise Rs 4,000 Cr Plus From Coal
India Ofs - Cnbctv18, Citing Sources

💥HFCL: Co Decided To Further Expand Current
Capacity Of Optical Fiber Manufacturing In Facility In
Telangana

💥Adani Enterprises: Adani To Raise USD 3.5 Bn
Through Share Sale In 3 Cos; Adani Green Energy
Board Approval For Usd 1 Bn Share Sale Next Month
- PTI, Citing Sources

💥Adani Total Gas: MSCI - Update On Implementation
Treatment Of Adani Group And Associated Securities
During May 2023 Index Review || MSCI Says Adani
Total Gas, Adani Transmission Will Be Deleted From
MSCI Global Standard Indexes WEF June 1

💥MOIL: Co Increases Prices For Some Of Manganese
Ore Grades By 10%

💥MSCI - Two Adani Securities Will Be Deleted Using
Official Closing Price As Of Close Of May 31

💥HINDUSTAN AERONAUTICS (0.48%) : INDIA'S
STATE-OWNED HINDUSTAN AERONAUTICS
WOULD MAKE ENGINES AS PART OF EFFECTIVE
JOINT VENTURE; U.S. WOULD ALLOW SOME TECH
TRANSFER

Update