Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Prestige Estates has lined up new residential launches and its potential is estimated to be around Rs 15,000 crore. In addition to pent-up demand in residential, increased traction in commercial leasing is also helping Prestige Estates. Analysts rating in this counter increased after its recent shar…

Prestige Estates Projects shows visible recovery signs: What makes it stock pick of the week

Prestige Estates Projects Ltd has added 1.18% over last one month compared to 0.87% fall in S&P BSE Realty Index index and 4.76% drop in the SENSEX

Prestige Estates Projects Ltd Surges 2.16%

Prestige Estates Projects Q2 Review - Robust Project Pipeline Will Aid Sales Volume: Nirmal Bang

Results Review For Alkem Labs, Prestige Estates, City Union Bank, Narayana Health

Prestige Estates Projects consolidated net profit rises 27.35% in the September 2021 quarter

Prestige Estates has a diversified portfolio of residential and annuity assets. It recently reiterated its pre-sale guidance of Rs 6500cr in FY22 and plans to enter two new markets – Mumbai and Noida, in FY22. The company aims to enter the Mumbai market with both residential and commercial projects. It has commenced work on two commercial projects: BKC Phase 1 and Liberty Towers. What was the overview of Q2, which projects saw revenue recognition in the quarter gone by? Has there been enough on-ground resilience in terms of demand from the residential market? Irfan Razack, Chairman Managing & Director of Prestige Estates shares all the details on ET NOW. Watch.
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Earnings With ET NOW | New market expansion in FY22 | Irfan Razack, Prestige Estates

These companies are from sectors like metal, pharma and realty among others.

Tata Steel, Godrej Consumer, Natco Pharma, NMDC, Prestige Estates among key earnings today

The immediate support for the Nifty50 is placed near 17,800 and if prices break below these levels, 17,630 will be the next level to watch for, said Rohan Patil of Bonanza Portfolio.

Hot Stocks | Here Is Why You Should Bet On CDSL, Prestige Estates And LG Balakrishnan For Short Term

The company has also transferred its partnership interest in M/s. Ace Realty Ventures to Prestige Acres.

Prestige Estates invests over Rs1 lakh in Prestige Acres for 51% stake

Prestige Estates Projects acquires 51% stake in Prestige Acres

Prestige Estates Projects (up 3.21%), Sunteck Realty (up 2.87%), DLF (up 2.46%) and Oberoi Realty (up 2.04%) were also among the top gainers. Phoenix Mills was under pressure.

Nifty Realty stocks rally over 2.5%; Lodha, Brigade lead the bull run

Prestige Estates Projects Limited is a real estate development company engaged in the development and construction of properties, and leasing of commercial properties.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Prestige Estates Projects shows visible recovery signs: What makes it stock pick of the week

Prestige Estates Projects Ltd Surges 2.16%

Prestige Estates Projects Q2 Review - Robust Project Pipeline Will Aid Sales Volume: Nirmal Bang

Results Review For Alkem Labs, Prestige Estates, City Union Bank, Narayana Health

Prestige Estates Projects consolidated net profit rises 27.35% in the September 2021 quarter

News Video

Earnings With ET NOW | New market expansion in FY22 | Irfan Razack, Prestige Estates

Tata Steel, Godrej Consumer, Natco Pharma, NMDC, Prestige Estates among key earnings today

Hot Stocks | Here Is Why You Should Bet On CDSL, Prestige Estates And LG Balakrishnan For Short Term

Prestige Estates Projects Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Prestige Estates Projects shows visible recovery signs: What makes it stock pick of the week

Prestige Estates Projects Ltd Surges 2.16%

Prestige Estates Projects Q2 Review - Robust Project Pipeline Will Aid Sales Volume: Nirmal Bang

Results Review For Alkem Labs, Prestige Estates, City Union Bank, Narayana Health

Prestige Estates Projects consolidated net profit rises 27.35% in the September 2021 quarter

News Video

Earnings With ET NOW | New market expansion in FY22 | Irfan Razack, Prestige Estates

Tata Steel, Godrej Consumer, Natco Pharma, NMDC, Prestige Estates among key earnings today

Hot Stocks | Here Is Why You Should Bet On CDSL, Prestige Estates And LG Balakrishnan For Short Term

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock