The stock hit its 52-week high of Rs 526.60 on 11 April 2022. The counter hit a 52-week low of Rs 375 on 5 June 2022.

On the BSE, 54,930 shares were traded in the counter so far compared with average daily volumes of 20,494 shares in the past two weeks.

The stock had outperformed the market over the past one month, jumping 13.82% compared with 1.39% rise in the Sensex.

The scrip outperformed the market in past one quarter, rising 1.96% as against Sensex's 0.25% decline.

The counter had also outperformed the market in past one year, declining 9.21% as against 1.68% increase in Sensex.

On the technical front, the stock's daily RSI (relative strength index) stood at 72.60. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

In daily chart, the stock is trading above its 50, 100 and 200 days simple moving average (SMA) placed at 410, 436.97 and 440.46 respectively. These levels will act as crucial support zones in near term.

Prestige Group has a diversified business model across residential, office, retail, and hospitality segments with operations in 12 key locations in India.

The company's consolidated net profit jumped 45.2% to Rs 127.80 crore on 74.5% surge in revenue from operations to Rs 2,317 crore in Q3 FY23 in Q3 FY22.