Prestige Estates Projects Limited (NSE:PRESTIGE)

India flag India · Delayed Price · Currency is INR
1,347.30
-18.80 (-1.38%)
May 13, 2025, 3:29 PM IST
-11.34%
Market Cap 588.42B
Revenue (ttm) 79.85B
Net Income (ttm) 5.83B
Shares Out 430.73M
EPS (ttm) 14.20
PE Ratio 96.23
Forward PE 53.34
Dividend 1.80 (0.14%)
Ex-Dividend Date Sep 23, 2024
Volume 637,945
Average Volume 892,987
Open 1,377.00
Previous Close 1,366.10
Day's Range 1,339.20 - 1,378.80
52-Week Range 1,048.05 - 2,074.80
Beta 0.24
RSI 59.95
Earnings Date May 27, 2025

About Prestige Estates Projects

Prestige Estates Projects Limited, together with its subsidiaries, engages in the development and leasing of real estate properties in India. It develops residential projects, including townships, apartments, luxury villas, mansions, row houses, plotted developments, golf communities, and affordable houses, as well as develops and operates commercial projects. The company also develops and owns hospitality properties, which include hotels, resorts, spas, and service apartments. In addition, it provides real estate services that comprise fit-out... [Read more]

Sector Real Estate
Founded 1986
Employees 8,351
Stock Exchange National Stock Exchange of India
Ticker Symbol PRESTIGE
Full Company Profile

Financial Performance

In 2023, Prestige Estates Projects's revenue was 78.77 billion, a decrease of -5.27% compared to the previous year's 83.15 billion. Earnings were 13.74 billion, an increase of 45.90%.

Financial Statements

News

Prestige Estates shares surge 5% as company collaborates with Arihant Foundations for real estate projects in Chennai

Prestige Estates Projects Ltd saw its shares rise by 5% in morning trade after announcing a strategic collaboration with Arihant Foundations and Housing Ltd to jointly develop real estate projects in ...

1 day ago - Business Upturn

Prestige Estates collaborates with Arihant Foundations for real estate projects in Chennai

Prestige Estates Projects has signed a framework agreement with Arihant Foundations and Housing Limited to collaborate on real estate projects in Chennai. This collaboration is set to explore a broad ...

4 days ago - Business Upturn

Prestige Estates shares in focus tomorrow as debut NCR project records blockbuster Rs 3,000 crore sales in a week

Shares of Prestige Estates Projects Ltd are expected to be in focus during Tomorrow’s (May 7, 2025) trade after the company announced a blockbuster debut in the National Capital Region (NCR) with its ...

7 days ago - Business Upturn

Prestige Group’s NCR debut sees roaring success with Rs 3,000 crore in sales within a week

Prestige Estates Projects Ltd. announced a landmark debut in the National Capital Region (NCR) with its residential launch The Prestige City, Indirapuram, clocking an impressive ₹3,000 crore in sales ...

7 days ago - Business Upturn

Prestige Estates shares jump 3% following NCR market entry with Rs 9,000 crore project launch

Shares of Prestige Estates Projects Ltd gained 3% after the company officially marked its entry into the National Capital Region (NCR) residential real estate market. As of 9:50 AM, the shares were tr...

13 days ago - Business Upturn

Prestige Estates share price: Morgan Stanley cuts target to Rs 1,370, says worst is behind as pre-sales outlook improves

Morgan Stanley has upgraded Prestige Estates Projects Ltd. to ‘Equal-weight’, even as it reduced the target price to ₹1,370 per share. At a current market price of ₹1,375.50, the revised target reflec...

13 days ago - Business Upturn

Prestige Group enters NCR market with ₹9,000 crore residential project ‘The Prestige City – Indirapuram’

Prestige Estates Projects Limited has made its official debut in the National Capital Region (NCR) residential market with the launch of its flagship project, ‘The Prestige City – Indirapuram’. The co...

13 days ago - Business Upturn

Stock in news: Prestige Estates shares in focus as company plans to raise Rs 2,700 crore for hospitality arm

Prestige Estates Projects Ltd, a leading real estate developer, is in the spotlight after its hospitality subsidiary Prestige Hospitality Ventures Ltd (PHVL) filed draft papers with SEBI to raise ₹2,7...

18 days ago - Business Upturn

Prestige Estates launches 4 residential projects across key cities in Q4 FY25

Prestige Estates Projects Limited, a major real estate developer in India, announced the launch of four residential projects in Q4 FY25. These projects span Bengaluru, Mumbai, and Hyderabad, adding a ...

4 weeks ago - Business Upturn

Prestige Estates stock pares gains after Morgan Stanley projects 38% miss on FY25 presales target

Shares of Prestige Estates Projects Ltd traded marginally higher at ₹1,232.00 (+0.74%) on Wednesday, but the stock gave up most of its early gains after a cautious note from Morgan Stanley. According ...

6 weeks ago - Business Upturn

Prestige Estates shares drop over 2% amid Income Tax search

Shares of Prestige Estates Projects Ltd fell 2% on February 27, 2025, after the company disclosed that the Income Tax Department is conducting a search operation at its registered office and branch of...

2 months ago - Business Upturn

Prestige Estates shares down 5% as Q3 profit plunges 85% to Rs 17.7 crore

Prestige Estates Projects Ltd. shares fell over 5% today as the company reported a significant decline in its Q3 FY25 financial results. The real estate developer’s consolidated net profit dropped 84....

3 months ago - Business Upturn

Stocks to Watch Today: Ola Electric, Prestige Estates, Hero MotoCorp, Fortis Healthcare, Utkarsh Small Finance Bank and more

The stock market remains abuzz with significant investments, key deals, and corporate actions. Here’s a roundup of stocks to keep an eye on during today’s trading session: Corporate Developments Ola E...

4 months ago - Business Upturn

NITCO shares surge 3% on Rs 105.40 crore order from Prestige Estates

NITCO shares jumped 3% after securing a significant ₹105.40 crore order from Prestige Estates Projects Limited, a leading real estate player. The order involves the supply of tiles, marble, and mosaic...

5 months ago - Business Upturn

NITCO secures Rs 105.40 crore order from Prestige Estates Projects

The order will be executed over an estimated period of six months, reflecting the timely delivery expectations in large-scale real estate projects. NITCO has stated that the order is fully domestic, a...

5 months ago - Business Upturn

UBS initiates Buy call on DLF and Prestige Estates and Neutral call on Oberoi Realty

UBS has initiated coverage on key players in the Indian real estate sector, driven by optimism about a sustainable upcycle supported by multiple tailwinds across residential, commercial, and luxury se...

5 months ago - Business Upturn

Prestige Estates shares rise over 2% as company outlines strong growth plans for FY25; HSBC remains bullish on real estate sector

Shares of Prestige Estates Projects Limited climbed 2.37%, trading at ₹1,668.05 on the NSE as of 9:52 am, following optimistic guidance from the company and positive commentary from HSBC on the real e...

5 months ago - Business Upturn

Prestige Estates shares drop 4% after Morgan Stanley downgrade to ‘Underweight’, cuts target prices

Shares of Prestige Estates Projects fell over 4% following a downgrade by Morgan Stanley from Overweight to Underweight (UW), with the target price revised down to ₹1,510 from ₹1,690. Despite impressi...

5 months ago - Business Upturn

Morgan Stanley downgrades Prestige Estates, cuts target price for stock to Rs 1,510

Morgan Stanley has downgraded Prestige Estates Projects to Underweight (UW) from Overweight, slashing the target price to ₹1,510 from earlier levels.

5 months ago - Business Upturn

Prestige Estates Projects: Stock closes 25.4% below 52-week high, 81.7% above 52-week low

Prestige Estates Projects (NSE: PRESTIGE) ended trading on November 14, 2024, at ₹1,549.00, reflecting a gain of 1.93%. The stock remains 25.4% below its 52-week high of ₹2,074.80 and 81.7% above its ...

6 months ago - Business Upturn

Prestige Estates shares drop 3% following Q2 bookings down 43% at Rs 4,022 crore

Prestige Estates Projects Limited saw its shares decline by 3% after the company reported a significant drop in sales for the second quarter of FY25. As of 9:48 am, the stock was trading 2.59% lower a...

7 months ago - Business Upturn

Stock To Watch Today: Prestige Estates raises ₹5,000 crore through QIP at discounted price

Realty firm Prestige Estates Projects Ltd has successfully raised ₹5,000 crore by issuing equity shares to institutional investors through a Qualified Institutional Placement (QIP). The company alloca...

8 months ago - Business Upturn