Reduce Prestige Estates, target price Rs 1,485: ICICI Securities
ICICI Securities has a reduce call on Prestige Estates Projects with a target price of Rs 1485. The current market price of the share is Rs 1603.95. Prestige Estates, incorporated in 1997, is a Mid Cap company with a market cap of Rs 69089.13 crore, operating in the Real Estate sector.
Prestige Estates Projects’ key products/revenue segments include Income from Sale of Commercial Flats, Shops & Plots, Property Development, Other Services, Sale of services, Project Management Fees and Other Operating Revenue for the year ending 31-Mar-2024.
Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 2423.80 crore, up 19.72% from last quarter Total Income of Rs 2024.50 crore and down -25.56%…
