Hot Pursuit     27-Jan-20
Prestige Estates Projects jumps after robust Q3 outcome
Prestige Estates Projects rose 3.45% to Rs 394.40 after consolidated net profit rose 178.49% to Rs 161.80 crore on 154.48% surge in net sales to Rs 2680.90 crore in Q3 December 2019 over Q3 December 2018.
Consolidated profit before tax (PBT) surged 185.09% to Rs 311.6 crore year-on-year (YoY). Tax expense jumped 71.53% to Rs 70.50 crore during the period under review.

Meanwhile, the S&P BSE Sensex was down 124 points or 0.30% to 41489.

On the BSE, 29,324 shares were traded in the counter so far compared with average daily volumes of 52,070 shares in the past two weeks. The stock hit a high of Rs 401.35 and a low of Rs 391 so far during the day.

The stock hit a 52-week high of Rs 426.15 on 20 Jan 2020. The stock hit a 52-week low of Rs 193.1 on 18 Feb 2019.

The stock had outperformed the market over the past one month, jumping 10.16% compared with 0.37% rise in the Sensex.

The scrip outperformed the market in past one quarter, rising 25.41% as against Sensex's 6.64% rise.

The scrip had also outperformed the market in past one year, soaring 78.40% as against Sensex's 14.97% rise.

The large cap company has equity capital of Rs 375 crore. Face value per share is Rs 10.

Prestige Group is a property development company in South India.

Previous News
  Nifty trades near 24,500 level; Private bank shares rally for 2nd day
 ( Market Commentary - Mid-Session 12-Jul-24   12:32 )
  Prestige Estates sales slides 23% YoY in Q1 FY25
 ( Hot Pursuit - 12-Jul-24   12:14 )
  Prestige Estates Projects Ltd Falls 5.36%, S&P BSE Realty Index index Drops 1.12%
 ( Hot Pursuit - 14-Mar-24   09:30 )
  Prestige Estates Projects consolidated net profit rises 504.76% in the September 2023 quarter
 ( Results - Announcements 08-Nov-23   07:40 )
  Prestige Estates Projects Ltd Slips 2.15%
 ( Hot Pursuit - 31-Aug-23   09:45 )
  Prestige Estate Q4 PAT drops 50% YoY; board OKs NCDs issue upto Rs 2,000 cr
 ( Hot Pursuit - 31-May-23   11:36 )
  Prestige Estates Projects consolidated net profit declines 70.11% in the March 2024 quarter
 ( Results - Announcements 29-May-24   07:38 )
  Volumes spurt at Phoenix Mills Ltd counter
 ( Hot Pursuit - 13-Dec-22   11:00 )
  Prestige Estates Projects to discuss results
 ( Corporate News - 02-Jun-21   09:53 )
  Indiabulls Real Estate Ltd Spurts 4.75%, S&P BSE Realty Index index Rises 1.89%
 ( Hot Pursuit - 22-Oct-21   09:30 )
  Prestige Estates Projects Ltd leads gainers in 'A' group
 ( Hot Pursuit - 10-Oct-23   12:00 )
Other Stories
  JSW Energy PAT soars 80% YoY to Rs 522 crore in Q1 FY25
  20-Jul-24   17:15
  Yes Bank Q1 PAT climbs 47% YoY to Rs 502 crore
  20-Jul-24   16:46
  Patanjali Foods Q1 PAT soars 3-fold to Rs 263 cr
  20-Jul-24   16:08
  Nippon Life Q1 PAT surges 40% YoY to Rs 332 cr
  20-Jul-24   15:44
  HDFC Bank Q1 PAT grows 35% YoY to Rs 16,175 crore
  20-Jul-24   15:31
  Kotak Mahindra Bank Q1 PAT zooms 81% YoY to Rs 6,250 cr
  20-Jul-24   15:13
  JSW Steel Q1 PAT drops 64% YoY to Rs 867 crore
  20-Jul-24   13:39
  ICICI Lombard Q1 PAT climbs 49% YoY to Rs 580 cr
  20-Jul-24   12:14
  Oberoi Realty Q1 PAT soars 82% YoY to Rs 584 cr
  20-Jul-24   11:16
  RIL PAT slides 4% YoY to Rs 17,448 crore in Q1 FY25
  20-Jul-24   10:33
Back Top