Stocks in news: Stocks in news: ITC, L&T, RIL, Vodafone Idea, NTPC, GAIL

Benchmark indices gained nearly 2% on Monday, led by heavyweight RIL having its best day in years. The firm trend in Asian markets also helped sustain the upward momentum. Analysts said the stability in banking combined with buoyancy on the global front is aiding recovery however the upside seems capped citing multiple hurdles.

In today’s trade, shares of NTPC, Vodafone Idea, GAIL among others will be in focus. Here’s a full list of stocks to track for investors.

Leading PSU NTPC Ltd reported 7% year-on-year growth in its consolidated net profit at Rs 5,209 crore in the quarter ended December 2023.

Vodafone Idea
Vodafone Idea trimmed losses to Rs 6,986 crore in the quarter ended December, from Rs 7,990 crore a year ago, and Rs 8,738 crore a quarter ago.

Read more: Here’s the trade setup for today’s session

Diversified conglomerate ITC Ltd reported 6% growth in its consolidated net profit at Rs 5,335 crore for the quarter ended December.

Bajaj Finance
Bajaj Finance reported 22% growth in its consolidated net profit at Rs 3,639 crore in the third quarter, which is slightly below the expectations.

Shares of index heavyweight Reliance Industries Ltd (RIL) saw the biggest jump in years, ending 6.8% higher on Monday.

L&T, Bajaj Finserv, Dr Reddy’s, Adani Total Gas, PB Fintech
Shares of L&T, Bajaj Finserv, Dr Reddy’s, Adani Total Gas and PB Fintech will be in focus as the companies will announce their third quarter results.

GAIL has signed a long-term agreement for purchase of around 0.5 MTPA LNG from Abu Dhabi National Oil Company.

Mahindra Logistics
Mahindra Logistics reported a net loss of Rs 16.4 crore in the third quarter. Revenue from operations were at Rs 1,397 crore.

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