1596.5000 -30.00 (-1.84%)
NSE Aug 01, 2025 15:31 PM
Volume: 657.2K
 

1596.50
-1.84%
HDFC Securities
Despite consistent positive news flow on commercial leasing demand, steady pre-sales and successful new launches, Prestige Estates’ (PEPL) share price underperformed Sensex by 28% on 12M relative basis. Going into FY17-18E, we expect further upsides to be triggered by (1) Robust new launches of 12mn sqft, (2) Annuity portfolio nearing maturity by FY17- 18E, and (3) Likely balance sheet deleveraging. HDFC Securities resume coverage with a BUY and SOTP-based TP of Rs 264/sh. Correction presents attractive entry point.

Trendlyne has 2 reports on PRESTIGE updated in the last year from 2 brokers with an average target of Rs 244.5.
Number of FII/FPI investors increased from 568 to 598 in Jun 2025 qtr.
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