Today’s top morning headlines - 14th February 2024

Good afternoon

Markets are trading flat, with the NIFTY50 hovering around the 21,650 level as of 1:00 pm. Here are the top stories for the day!

Top gainer: BPCL: 615 ▲ 31 (+5.3%)
Top loser: Cipla: 1415 ▼ 42 (-2.8%)

:star:Prestige Estates Projects falls after weak Q3 earnings
Shares of the real estate firm declined more than 3% intraday after the company reported weak quarterly results. Its consolidated Q3 net profit stood at ₹164.7 crore, increasing just 1.85% compared to corresponding period of last fiscal. Meanwhile, its revenue from operations dropped 22.5% YoY to ₹1,796 crore for the quarter.

:star:Dilip Buildcon gains 10% after receiving project completion certificate
Shares of Dilip Buildcon rose nearly 10% today after the authority issued a completion certificate for a bridge project completed by the company in Goa. The total cost of the project was ₹545 crore, which involved construction of a bridge across the Zuari river.

:star:NBCC Shares Locked In Upper Circuit After Q3 Profit Jumps 59%
The company’s net profit jumped 58.9% year-on-year to Rs 113.6 crore in the quarter ended Dec. 31 FY24, according to an exchange filing.