Prestige Estates Projects Ltd. News and Updates

Name: Latest research reports of Prestige Estates Projects Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Prestige Estates Projects Ltd.
Rating: 5
Author: Motilal Oswal

Keep track of all breaking news on Prestige Estates Projects Ltd. from all sources in a single place.

Prestige Estates Projects Ltd.

04 Apr 2025

1207.40

0.74%

Prestige Estate Can Rally 45%, Says Motilal Oswal, Maintaining 'Buy' Rating Here's Why

NDTV Profit

Motilal Oswal is optimistic on Prestige Estates and maintains 'Buy' rating, revises target price, believes significant launches to fuel FY26 presales

Prestige Estates Projects Ltd. has lost -35.25% in the last 6 Months

Prestige Estates Projects Ltd.

03 Apr 2025

1207.40

0.74%

Significant launches to fuel FY26 presales

Buy: Prestige Estates Projects ...

Target

Motilal Oswal

PEPL has a diverse portfolio with a presence in residential, office, retail, and hospitality segments. The company’s 9MFY25 incremental BD of 15msf and the launch pipeline of INR800b would result in a presales CAGR of 14% over FY24-27E to reach INR315b by FY27E.

Number of FII/FPI investors increased from 593 to 633 in Dec 2024 qtr.

Prestige Estates Projects Ltd.

27 Mar 2025

1207.40

0.74%

'Buy' Prestige Estates Maintains HDFC Securities, But Lowers Target Price Here's Why

NDTV Profit

HDFC Securities remains constructive on Prestige Estate with Buy rating and SOTP based target price of Rs 1,914/share. (adjusted for fundraise shares dilution).

Number of FII/FPI investors increased from 593 to 633 in Dec 2024 qtr.

Prestige Estates Projects Ltd.

09 Feb 2025

1207.40

0.74%

Prestige Estates to launch Rs 30K-cr projects, aims Rs 24K-cr pre-sales

Business Standard

Real estate firm Prestige Estates Projects Ltd is planning to launch Rs 30,000 crore of housing projects this quarter across major cities to tap robust consumer demand. According to a transcript of company's discussion with market analysts, Bengaluru-based Prestige Estates Executive Director Zayd Noaman said the company will launch "a total of Rs 30,000 crore worth of inventory" in this quarter. "We are saying this with utmost confidence as most of these projects have been logged in for RERA and should be launched in the next few weeks," he added. Noaman said the company would be launching projects mainly in Bengaluru, Delhi-NCR, Chennai, and Mumbai. Asked whether the company would be able to meet sales guidance of Rs 24,000 crore for this entire fiscal year, Prestige Group CMD Irfan Razack said it was possible provided the company gets regulatory approvals to launch projects. Prestige Estates' sales bookings have declined 38 per cent to Rs 10,065.7 crore during April-December per

Prestige Estates Projects Ltd. is trading below its 50 day SMA of 1209.9

Prestige Estates Projects Ltd.

04 Feb 2025

1207.40

0.74%

PRESTIGE ESTATES PROJECTS LIMITED

Accumulate: Prestige Estates Projects ...

Target

Geojit BNP Paribas

Number of FII/FPI investors increased from 593 to 633 in Dec 2024 qtr.

Prestige Estates Projects Ltd.

02 Feb 2025

1207.40

0.74%

Prestige Estates Sales Bookings Down 38% To Rs 10,066 Crore In April-December

NDTV Profit

The number of units sold was 3,618, while the sales value stood at Rs 10,065.7 crore and collection from customers at Rs 8,910.9 crore.

Motilal Oswal decreased Buy price target of Prestige Estates Projects Ltd. to 1725.0 on 03 Apr, 2025.

Prestige Estates sales bookings down 38% to 10,066 cr in Apr-Dec

Business Line | 02 Feb 2025

Prestige Estates Projects Ltd.

01 Feb 2025

1207.40

0.74%

Prestige Estates shares rally 9% as Jefferies upgrades stock to buy, raises target price to Rs 1,600

Economic Times

Prestige Estates surged 9.3% to Rs 1,489.95 after Jefferies upgraded it to buy' with a Rs 1,600 target. The brokerage cited upcoming launches worth Rs 300 billion and strong leasing growth. Despite a weak Q3, Prestige expects pre-sales recovery, boosting long-term prospects.