PRESTIGE ESTATES Share Price Up by 5%; BSE REALTY Index Up 1.7%
Tue, 24 Aug 03:25 PM

PRESTIGE ESTATES share price has zoomed 5% and is presently trading at Rs 340.

Meanwhile, the BSE REALTY Index is at 3,009 (up 1.7%).

Among the top Gainers in the BSE REALTY Index today is PRESTIGE ESTATES (up 5.0%).

MAHINDRA LIFESPACE and GODREJ PROPERTIES (down 1.1%) are among the top losers today.

Over the last one year, PRESTIGE ESTATES has moved up from Rs 256 to Rs 340, registering a gain of Rs 84 (up 32.7%).

On the other hand, the BSE REALTY has moved up from 1,745 to 3,009, registering a gain of 1,264 points (up 72.3%) during the last 12 months.

The top buzzing stocks among the BSE REALTY Index stocks during this same period were MAHINDRA LIFESPACE (up 187.4%), SOBHA (up 119.0%) and INDIABULLS REAL EST (up 100.8%).

REVEALED: 3 Super Smallcaps You Need to Discover Today

What About the Benchmark Indices?

The BSE Sensex is at 56,023 (up 0.7%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINSERV (up 8.2%), TATA STEEL (up 3.6%) and BAJAJ FINANCE (up 3.4%). Other gainers include TECH MAHINDRA (up 3.3%) and HDFC BANK (up 2.3%). The most traded stocks in the BSE Sensex are ONGC and POWER GRID.

In the meantime, NSE Nifty is at 16,647 (up 0.8%). The top gainers in the NSE Nifty include BAJAJ FINSERV (up 8.1%), ADANI PORTS & SEZ (up 3.9%) and TATA STEEL (up 3.6%). Other gainers include BAJAJ FINANCE (up 3.5%) and HINDALCO (up 3.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,220 to 56,023, registering a gain of 17,803 points (up 46.43%).

PRESTIGE ESTATES Financial Update...

PRESTIGE ESTATES net profit stood at Rs 1 billion for the quarter ended June 2021, compared to a profit of Rs 990 million a year ago. Net Sales declined 23.4% to Rs 14.2 billion during the period as against Rs 18.5 billion in April-June 2020.

For the year ended March 2020, PRESTIGE ESTATES reported 32.3% increase in net profit to Rs 5.4 billion compared to net profit of Rs 4.1 billion during FY19.

Revenue of the company grew 57.1% to Rs 81 billion during FY20.

The current Price to earnings ratio of PRESTIGE ESTATES, based on rolling 12 month earnings, stands at 8.2x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Aug 24, 2021 Closing

Indian share markets witnessed positive trading activity throughout the day today and ended higher.

Aug 24, 2021 12:30 pm

BSE Sensex is trading up by 242 points, while the NSE Nifty is up by 65 points.

Aug 24, 2021 09:30 am

Indian share markets open marginally higher. The BSE Sensex opened up by 135 points, while the Nifty is trading higher by 46 points.

Aug 24, 2021 09:47 AM

SADBHAV ENGINEERING share price is trading down by 5% and its current market price is Rs 49. The BSE CAPITAL GOODS is up by 0.9%. The top gainers in the BSE CAPITAL GOODS Index are GRAPHITE INDIA (up 2.8%) and CARBORUNDUM UNIVERSAL (up 2.3%). The top losers is SADBHAV ENGINEERING (down 5.1%).

Aug 24, 2021 09:41 AM

JINDAL STAINLESS share price is trading up by 5% and its current market price is Rs 136. The BSE METAL is up by 2.5%. The top gainers in the BSE METAL Index are JINDAL STAINLESS (up 5.1%) and NALCO (up 5.6%).

Aug 24, 2021 09:33 AM

L&T INFOTECH share price has hit an all time high at Rs 5,142 (up 0.5%). The BSE IT Index is up by 0.4%. Among the top gainers in the BSE IT Index today are L&T INFOTECH (up 0.5%) and ORACLE FINANCIAL (up 0.9%). The top losers include HEXAWARE TECHNOLOGIES and COFORGE (down 0.2%).

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