Ashu Madan, President of Core Client Group at Religare Securities told CNBC-TV18, “Prestige Estates will continue to report strong numbers. It is a very stable stock. So even for a long term horizon I would continue to hold this stock and we might see much higher levels. It may not give you that high beta kind of up move or sharp spike, but probably it will continue to move up and one should hold.”
The stock rose just 0.06 percent to close at Rs 176.80 on Bombay Stock Exchange.
It was trading with volumes of 24,645 shares, compared to its five day average of 16,766 shares, an increase of 47.00 percent
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