Prestige Estates Projects Ltd. News and Updates

Name: Latest research reports of Prestige Estates Projects Ltd. authored by Hem Securities and published by - Trendlyne research reports.
Item: Prestige Estates Projects Ltd.
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Author: Hem Securities

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Prestige Estates Projects Ltd.

11 Aug 2021

1466.60

-2.29%

Prestige Estate Consolidated June 2021 Net Sales at Rs 1,415.80 crore, up 11.16% Y-o-Y

Moneycontrol

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Number of FII/FPI investors decreased from 633 to 568 in Mar 2025 qtr

Prestige Estates Projects Ltd.

11 Aug 2021

1466.60

-2.29%

Prestige Estates stock down 7% on weak Q1 earnings, high debt

livemint

Investors would reckon that elevated debt had been a key concern for the investors in this stock. since the company has slew of projects lined-up in the commercial and residential segments, it would require funds and will be considering a mix of debt and equity

Number of FII/FPI investors decreased from 633 to 568 in Mar 2025 qtr

Prestige Estates Projects Ltd.

10 Jul 2021

1466.60

-2.29%

PRESTIGE ESTATE

Accumulate: Prestige Estates Projects ...

Hem Securities

The management stated that 1QFY22 will be a lockdown quarter. It highlighted that efforts from the company's sales team towards selling units digitally are in full swing and it remains optimistic about recovery in demand. Cash flows remained healthy at Rs.1,767.6 cr, up 32.0% YoY in 4QFY21....

Prestige Estates Projects Ltd. has gained 29.27% in the last 3 Months

Prestige Estates Projects Ltd.

23 Jun 2021

1466.60

-2.29%

Plan to grow annuity portfolio to over Rs 2,800 crore: Prestige Estates CEO

Business Standard

Venkat K Narayana, CEO of Prestige Estates Projects, tells Raghavendra Kamath that residential sales will do well due to multiple factors, and that demand for office properties will remain robust

Prestige Estates Projects Ltd. is trading below its 200 day SMA of 1526.4

Prestige Estates Projects Ltd.

11 Jun 2021

1466.60

-2.29%

Prestige Estate Consolidated March 2021 Net Sales at Rs 2,268.10 crore, up 14.42% Y-o-Y

Moneycontrol

NULL

Number of FII/FPI investors decreased from 633 to 568 in Mar 2025 qtr

Prestige Estate Standalone March 2021 Net Sales at Rs 1,367.40 crore, up 47.62% Y-o-Y

Moneycontrol | 11 Jun 2021

Prestige Estates Projects Ltd.

09 Jun 2021

1466.60

-2.29%

Prestige Estate stock jumps 8% on robust Q4 earnings, debt reduction

livemint

In March, Prestige Estates Projects signed definitive agreements with global investment firm Blackstone to sell 12 assets/undertakings comprising completed office, retail and hotel properties in the first phase of 9,160-crore deal

Prestige Estates Projects Ltd. is trading below its 200 day SMA of 1526.4

Prestige Estates Projects Q4 profit jumps sharply to Rs 1,336 crore on sale of assets

Business Today | 09 Jun 2021 2 more

Prestige Estates Projects Ltd.

24 Mar 2021

1466.60

-2.29%

Prestige Estates to take over $1.4-billion project from bankrupt firm

Business Standard

The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone

Prestige Estates Projects Ltd. is trading below its 200 day SMA of 1526.4

New capex to drive Prestige Estates' rental portfolio scale up

Business Standard | 24 Mar 2021

Prestige Estates Projects Ltd.

12 Mar 2021

1466.60

-2.29%

Prestige Estates completes phase 1 of Blackstone deal; stock hits new peak

Business Standard

The management said the company has a strong development pipeline of about 43 mnsft office and retail portfolio in the key locations across the cities

Prestige Estates Projects Ltd. has gained 29.27% in the last 3 Months

Prestige Estates share price gains as CLSA retains buy, raises target to Rs 360

Moneycontrol | 12 Mar 2021 1 more

Prestige Estates Projects Ltd.

11 Mar 2021

1466.60

-2.29%

Prestige Estates sells assets worth Rs 7,467 crore to Blackstone Group

Business Standard

Prestige Estates Projects has completed phase one of the proposed transaction with Blackstone Group with enterprise value forming part of phase one at Rs 7,467 crore.The total enterprise value including phase two is Rs 9,160 crore as mentioned in the initial disclosure.Prestige said the overall transaction includes a 100 per cent stake sale in six completed office projects including a hotel and a 50 per cent stake sale in four under-construction projects. It will also include 85 per cent stake sale in nine shopping malls.Phase one of the transaction includes the sale of 12 assets comprising of completed retail, office and hotel assets. Phase two of the transaction is expected to complete by the end of next quarter."We believe that this transaction will further strengthen our foundation and help us in gearing up for the next level of growth," said Irfan Razack, Chairman of the Prestige Group."This transaction will also aid us in building a long-term strategic partnership with...