Prestige Estates Projects Ltd.

NSE: PRESTIGE | BSE: 533274 | ISIN: INE811K01011 | Industry: Realty
| Falling Comet
1222.9000 2.60 (0.21%)
NSE Mar 25, 2025 15:31 PM
Volume: 1.2M
 

logo
Prestige Estates Projects Ltd.
29 Jul 2018
1222.90
0.21%

Prestige Estate

buy
by JM Financial
Target: 375
JM Financial
Robust pre-sales; debt rises on stake buyback Prestige Estates (PEPL) reported robust operations as company benefitted from projects launched in 4QFY18. Pre-sales volume was at 1.11msf and sales value at INR 7.6bn (+69% YoY) during the quarter. Completed inventory declined by 0.67msf during the quarter (60% of sales). Collection from residential segment was reported at INR 7.5bn (vs. INR 8.0bn quarterly average). PEPL has shifted to completion method of accounting under Ind AS 115. Net debt increased by INR 8.2bn to INR 72.8bn primarily on CapitaLand stake acquisition (INR 3.4bn) and consolidation of INR 2.8bn debt related to the acquisition. While the increase in...
 
Prestige Estates Projects Ltd. is trading below its 50 day SMA of 1265.1
More from Prestige Estates Projects Ltd.
Recommended
Five stocks to buy from analysts this week - March 25, 2025
The Baseline | 25 Mar 2025, 05:23PM
Market closes flat, JSW Steel's board approves Rs 1,677 crore buyback at Rs 75 per share
Trendlyne Marketwatch | 25 Mar 2025, 04:11PM
Earnings Call Transcript - Q4FY20 for Prestige Estates Projects
| 25 Jun 2020, 06:33PM