Prestige Estates

Prestige Estates share price: A significant portion of the sales was driven by the NCR market, which contributed 59 percent to the overall bookings.

Prestige Estates shares gain as JV to acquire 3.48 acres land in Chennai

Prestige Estates Share Price | The company will develop a residential houses on the said land with an estimated gross development value (GDV) of over Rs 1,600 crore.

Realty stocks in red amid profit booking after massive gains following RBI's jumbo rate cut

Real Estate Stocks: Nifty Realty was marginally down in the red to hover around 1,038 in the morning, snapping a two-day gaining streak.

Prestige Estates shares fall, snap 5-day winning streak on weak Q4 results

Prestige Estates Projects ended a five-day rally with a 1.5 percent drop on May 30, after Q4 results showed sharp year-on-year declines in revenue, profit, and sales volume

Buy Prestige Estates; target of Rs 1725: Motilal Oswal

Motilal Oswal is bullish on Prestige Estates recommended buy rating on the stock with a target price of Rs 1725 in its research report dated April 03, 2025.

Prestige Estates sees inventory buildup in luxury housing, calls for more mid-income, premium supply

Market observers have warned of a slowdown in the luxury housing segment, particularly in the above-Rs 4 crore category, with registration data showing a decline in sales pace for marquee projects in markets like Mumbai.

Prestige Estates stock gets rare 'double-upgrade' from Jefferies, fresh target at Rs 1,600; shares jump 8%

International brokerage Jefferies gave Prestige Estates shares a rare double-upgrade, bumping it to 'buy' from an earlier 'sell' call.

Star Cement, Ola Electric Mobility, Prestige Estates Projects | Stocks on Radar

UltraTech Cement acquires 8.3% stake in Star Cement for Rs 765.68 crore, from promoters. Ola Electric Mobility says Anshul Khandelwal resigns as Chief Marketing Officer, Suvonil Chatterjee quits as Chief Technology & Product Officer. Prestige Estates Projects to transfer 3 of its hospitality undertakings to subsidiary Prestige Hospitality Ventures for Rs 313 crore. Watch here for more details

Prestige Estates targets Rs 10,000 crore annual revenue from Mumbai, Pune markets

Prestige Estates, a primarily south India-based realty company, has undertaken significant business development activities in the Mumbai Metropolitan Region (MMR) and has also set its sights on Pune. Two projects in Mumbai are expected to bring Prestige Estates a topline of around Rs 2,500 crore, says Tariq Ahmed, CEO, (west).

Prestige Estates drops 5% after Morgan Stanley downgrades rating to 'underweight'

Morgan Stanley's rating downgrade on Prestige Estates was attributed to the company's high IP business capex and weaker pre-sales momentum compared to peers.

BJP's Maharashtra win lifts Nifty Realty 3%; Macrotech Developers, Prestige Estates, Godrej Prop surge 1-4%

BJP-led Mahayuti alliance's landslide victory in Maharashtra is expected to bring the focus back on infra development which bodes well with real estate companies.

Prestige Estates stock rises as realtor raises Rs 5,000 crore via QIP; CLSA raises target price

A Prestige Estates board fundraising committee approved the allocation of 2.98 crore equity shares at an issue price of Rs 1,674 apiece to eligible institutional investors. The issue price was at a discount of 4.62 percent on the floor price of Rs 1,755.09 per share fixed by the panel

Citi raises targets for DLF, Sobha, other realty stocks; flags expensive valuations

Citi has raised target prices for DLF, Sobha, and other realty stocks, but flagged concerns over expensive valuations.

Prestige Estates taps Kotak, JPM, JM Fin and CLSA for Rs 5,000-crore QIP; launch likely in July-Aug

In April, Prestige Group announced that it had achieved a record-breaking sales milestone of Rs 21,040 crore for FY24

Prestige Estates' board approves raising up to Rs 5,000 crore via QIP

Prestige Estates is one of the leading real estate developers in the country. It has a significant presence in South India.

Prestige Estates to mull fundraising via QIP or rights issue, hospitality biz IPO or secondary sale

Prestige Estates board will consider raising funds with QIP or rights issue, and will also mull a public offer (IPO) of shares for its hospitality business.

Gainers & losers: Stocks and sectors that moved the most on June 14

Analysts feels that the market is factoring optimism over the Union Budget which is on the cards now. Buoyed by the optimism, the Sensex and Nifty 50 ascended to higher peaks on June 14.

Prestige Estates hits all-time high as CLSA retains 'Buy', hospitality arm IPO soon

CLSA pointed out that Prestige Estate's valuations remain discounted compared to peers and expects a continued re-rating, noting that debt concerns were overblown

Prestige Estates acquires 21-acre land parcel in Bengaluru; shares slide marginally

Prestige Estates Share Price: The acquired land will be planned for residential development spanning approximately 4 million square feet of developable area, comprising around 1,800 apartments.

Buy Prestige Estates; target of Rs 1535: Motilal Oswal

Motilal Oswal is bullish on Prestige Estates recommended buy rating on the stock with a target price of Rs 1535 in its research report dated April 02, 2024.

Buy Prestige Estates; target of Rs 900: Motilal Oswal

Motilal Oswal is bullish on Prestige Estates recommended buy rating on the stock with a target price of Rs 900 in its research report dated October 18, 2023.

Nifty Realty spikes amid festival cheer, analysts maintain bullish outlook

At close, the Nifty Realty index was up 4.01 percent, led by gains in Prestige Estates, which surged 8 percent. Sobha, Godrej Properties, Oberoi Realty and DLF had gained between 4 and 7 percent.

Buy Prestige Estates; target of Rs 786 HDFC Securities

HDFC Securities is bullish on Prestige Estates has recommended buy rating on the stock with a target price of Rs 786 in its research report dated October 03, 2023.

Buy Prestige Estates; target of Rs 700 : HDFC Securities

HDFC Securities is bullish on Prestige Estates has recommended buy rating on the stock with a target price of Rs 700 in its research report dated August 09, 2023.

Buy Prestige Estates; target of Rs 630: HDFC Securities

HDFC Securities is bullish on Prestige Estates has recommended buy rating on the stock with a target price of Rs 630 in its research report dated May 31, 2023.