Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE 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

Developers like DLF, Godrej Properties, Prestige Estates, Macrotech and Sobha are taking initiatives to reduce energy and water consumption. Mahindra Lifespace Developers recently announced its commitment to constructing only net-zero buildings from 2030.

Realtors take concrete steps to go green

All the top Bengaluru-based developers such as Prestige Estates, Brigade Enterprises, Shriram Properties and Puravankara saw record sales in FY22; companies and analysts expect the uptick in sales to continue in the coming quarters.

IT Hiring and pay boom fuel demand for homes in Bengaluru | The Financial Express

With record sales in FY22, Prestige Estates became largest listed developer by sales.Yet, analysts feel the pre-sales target of Prestige Estates for the ongoing fiscal year is aggressive

Mumbai holds the key to Prestige Estates’ growth

The other applicants include Prestige Estates, Sayaji Hotels, Jindal Power, Kotak Special Situations Fund, CVI Emcof Master Fund, Asset Reconstruction Company of India (Arcil), Assets Care & Reconstruction Enterprise (ACRE), JM Financial ARC, Rare ARC, Prudent ARC and RKG Fund, the people said.

Indian Hotels, Oberoi among companies keen to buy Westin Kolkata

Prestige Estates Projects Ltd has added 0.3% over last one month compared to 2.01% fall in S&P BSE Realty Index index and 1.55% drop in the SENSEX

Prestige Estates Projects Ltd Surges 1.58%

This is the highest ever presales for the company and also the highest among listed real estate players that have released their numbers so far

Prestige Estates pips top players to clock record Rs 10,000-crore presales

The sales bookings of Bengaluru-based Prestige Estates came in higher than Macrotech Developers, which markets its properties under the Lodha brand.

Prestige Estates reports 90% rise in sales bookings to Rs 10,382 cr

Its sales booking stood at Rs 5,460.8 crore in the 2020-21 financial year

Prestige Estates sales bookings up 90% to record Rs 10,382 crore in FY22

Prestige Estates sales bookings up 90 per cent to record Rs 10,382 cr in FY22 | The Financial Express

Irfan Razack, Chairman, Prestige Group “We take immense pride in highlighting that Prestige Group has crossed Rs 10,000 cr presales benchmark. These record sales are backed by the robust response to our 16.77 mn sqft newly launched projects and for under construction and completed inventory”.

Prestige Estates registers highest ever sales at Rs 10,382.2 crore

Prestige Estates Projects recorded sales value of Rs 3,268.7 crore in Q4 FY22, up by 77% from Rs 1,850.4 crore reported in Q4 FY21.

Prestige Estates records sales of Rs 3,268 crore in Q4 FY22

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

ROE 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 long term average ROE 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

Realtors take concrete steps to go green

IT Hiring and pay boom fuel demand for homes in Bengaluru | The Financial Express

Mumbai holds the key to Prestige Estates’ growth

Indian Hotels, Oberoi among companies keen to buy Westin Kolkata

Prestige Estates Projects Ltd Surges 1.58%

Prestige Estates pips top players to clock record Rs 10,000-crore presales

Prestige Estates reports 90% rise in sales bookings to Rs 10,382 cr

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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

Realtors take concrete steps to go green

IT Hiring and pay boom fuel demand for homes in Bengaluru | The Financial Express

Mumbai holds the key to Prestige Estates’ growth

Indian Hotels, Oberoi among companies keen to buy Westin Kolkata

Prestige Estates Projects Ltd Surges 1.58%

Prestige Estates pips top players to clock record Rs 10,000-crore presales

Prestige Estates reports 90% rise in sales bookings to Rs 10,382 cr

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

ROE 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 long term average ROE 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