Buy Prestige Estates Projects, target price Rs 1,820: Axis Securities
Axis Securities has a buy call on Prestige Estates Projects with a target price of Rs 1,820. The current market price of Prestige Estates is Rs 1,201.85. Prestige Estates Projects, incorporated in 1997, is a Mid Cap company with a market cap of Rs 52038.67 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 31-12-2024, the company has reported a Consolidated Total Income of Rs 1697.90 crore, down -29.95% from last quarter Total Income of Rs 2423.80 crore and…
