Stocks in news: ITC, Bajaj Finance, Reliance, Marico, PNB, Idea, TIPS

PNB: Board approves raising Rs 7,500 cr through QIP/FPO route during 2024-25 

ITC: Saw 10.8% on-year growth in Q3 standalone net profit despite weak operating numbers, aided by higher other income & lower tax cost
Standalone revenue from ops increased by 1.6% YoY, driven by cigarette & FMCG segments

Bajaj Finance: Registered a 22% YoY growth in Q3 profit despite higher loan losses & provisions
Net interest income increased by 29% YoY

NTPC: Q3 net profit up 7.3% YoY 
Revenue from ops down 3.9% YoY 

Petronet LNG: Net profit grew 41.7% QoQ on healthy operating numbers
Revenue from operations grew 17.7% QoQ during Q3

Marico: Q3 net profit up ~16% YoY despite a lower topline, backed by healthy operating numbers with fall in input cost
Domestic volume growth at 2%

Piramal Ent: Q3FY24 net loss at Rs 2,377.6 cr vs profit of Rs 3,545.4 cr YoY
Saw exceptional loss of Rs 3,539.8 cr on back of investments in alternative investment funds

Vodafone Idea: Posted a net loss of Rs 6,986 cr vs loss of Rs 8,738 cr YoY, with margin improvement

RIL: Jio added 34.5 lk users in Nov'23, compared to 31.6 lk in the previous month

Airtel: Added 17.5 lk subscribers in November last year, compared to 3.5 lk users added in the previous month

Tips Ind: SBI MF bought 64.3 lk shares (5% equity); Transaction is valued at at Rs 244.2 cr 
Promoters Renu Kumar Taurani, Ramesh Sadhuram Taurani, Varsha Ramesh Taurani & Kumar Sadhuram Taurani sold 65 lk shares

KEC International: Bags new orders of Rs 1,304 cr across its various businesses
Secured orders for T&D projects in India, SAARC & Americas; With this its YTD order intake stands at Rs 13,000 cr

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