Prestige Estates Projects Ltd

The key equity benchmarks traded near moderate gains in morning trade after the RBI trimmed the repo rate by 25 basis points to 5.25%. The Nifty traded above the 26,050 mark. Traders are tracking ongoing IPO activity, crude oil trends and global cues. Market participants are also looking ahead to the US Personal Consumption Expenditure data scheduled for release on Friday, which could influence Fed policy. Realty shares jumped for the two consecutive trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex, advanced 176.76 points or 0.21% to 85,442.08. The Nifty 50 index jumped 55.45 points or 0.21% to 26,089.20. In the broader market, the S&P BSE Mid-Cap index rose 0.06% and the S&P BSE Small-Cap index added 0.54%. The market breadth was negative. On the BSE, 1,558 shares rose and 2,014 shares fell. A total of 211 shares were unchanged. Economy: The Reserve Bank of India Governor Sanjay Malhotra, announcing the fifth bi-monthly policy review of FY26 said that RBI's MPC has unanimously decided to reduce the policy repo rate by 25 basis points to 5.25%, keeping its stance neutral. Buzzing Index: The Nifty Realty index jumped 1.18% to 900.60. The index rose 1.72% in the two consecutive trading sessions. Prestige Estates Projects (up 0.87%), Oberoi Realty (up 0.57%), DLF (up 0.56%), Brigade Enterprises (up 0.49%) advanced. Stocks in Spotlight; Kesoram Industries surged 19.85% after Frontier Warehousing announced an open offer to acquire 8.07 crore shares, representing a 26% stake, at Rs 5.48 per share. Lupin shed 0.05%. The company announced that it has received tentative approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Siponimod Tablets in 0.25 mg, 1 mg and 2 mg. ZEN Technologies advanced 1.68% after the company announced that it has secured orders worth Rs 120 crore from the Ministry of Defence (MoD), Government of India.Powered by Capital Market - Live

Prestige Estates Projects Ltd gained 0.21% today to trade at Rs 1725.2. The BSE Realty index is up 0.29% to quote at 7222.14. The index is down 0.85 % over last one month. Among the other constituents of the index, SignatureGlobal India Ltd increased 0.03% on the day. The BSE Realty index went down 4.34 % over last one year compared to the 9.11% surge in benchmark SENSEX. Prestige Estates Projects Ltd has added 0.51% over last one month compared to 0.85% fall in BSE Realty index and 0.33% rise in the SENSEX. On the BSE, 238 shares were traded in the counter so far compared with average daily volumes of 12804 shares in the past one month. The stock hit a record high of Rs 1897.75 on 17 Dec 2024. The stock hit a 52-week low of Rs 1048.3 on 07 Apr 2025.Powered by Capital Market - Live

Net profit of Prestige Estates Projects rose 123.88% to Rs 430.30 crore in the quarter ended September 2025 as against Rs 192.20 crore during the previous quarter ended September 2024. Sales rose 5.52% to Rs 2431.70 crore in the quarter ended September 2025 as against Rs 2304.40 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2431.702304.40 6 OPM %37.4126.91 - PBDT802.60383.10 110 PBT584.00182.70 220 NP430.30192.20 124 Powered by Capital Market - Live

Prestige Estates Projects will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

Prestige Group has announced the launch of its latest residential development ' Prestige Garden Trails ' located in the fast-growing Dahisar-Mira Road corridor at Western Express Highway in Mumbai. Spanning across 5.2 acres, the project offers a total carpet area of approximately 1 million sq. ft., comprising 1,324 residential units designed to meet the evolving aspirations of homebuyers. With a Gross Development Value (GDV) of approximately Rs 2,000 crore, Prestige Garden Trails represents the Group's continued commitment to delivering high-quality homes that blend functionality, design, and affordability. Strategically positioned at the confluence of Dahisar and Mira Road just two minutes walk from the upcoming Metro station, the development enjoys excellent connectivity to major employment hubs through the Western Express Highway, Metro Line 9, and upcoming infrastructure upgrades. The project is set around a well-planned urban ecosystem with access to schools, hospitals, retail, and social infrastructure, offering residents a complete lifestyle experience.Powered by Capital Market - Live

Usha Martin Ltd, Jindal Saw Ltd, Motilal Oswal Financial Services Ltd, PG Electroplast Ltd are among the other stocks to see a surge in volumes on NSE today, 09 October 2025.Prestige Estates Projects Ltd saw volume of 30.93 lakh shares by 14:14 IST on NSE, a 6.36 fold spurt over two-week average daily volume of 4.86 lakh shares. The stock increased 4.67% to Rs.1,584.50. Volumes stood at 2.56 lakh shares in the last session.Usha Martin Ltd registered volume of 68.62 lakh shares by 14:14 IST on NSE, a 6.12 fold spurt over two-week average daily volume of 11.21 lakh shares. The stock rose 7.21% to Rs.478.25. Volumes stood at 4.17 lakh shares in the last session.Jindal Saw Ltd saw volume of 76.78 lakh shares by 14:14 IST on NSE, a 5.05 fold spurt over two-week average daily volume of 15.19 lakh shares. The stock increased 1.80% to Rs.206.10. Volumes stood at 7.82 lakh shares in the last session.Motilal Oswal Financial Services Ltd registered volume of 31.03 lakh shares by 14:14 IST on NSE, a 4.98 fold spurt over two-week average daily volume of 6.23 lakh shares. The stock rose 6.02% to Rs.979.60. Volumes stood at 3.35 lakh shares in the last session.PG Electroplast Ltd witnessed volume of 143.34 lakh shares by 14:14 IST on NSE, a 4.92 times surge over two-week average daily volume of 29.12 lakh shares. The stock increased 6.55% to Rs.548.40. Volumes stood at 19.66 lakh shares in the last session.Powered by Capital Market - Live

The Bengaluru-based developer achieved sales of Rs 18,143.7 crore in H1 FY26, up 157% year-on-year, surpassing its full-year FY25 performance. In the second quarter alone, Prestige clocked sales of Rs 6,017.3 crore, a 50% year-on-year increase, propelled by steady housing demand across geographies and segments. During Q2, the company sold 4.42 million square feet or 2,069 units, up 47% from a year earlier. The average realization for apartments rose 8% year-on-year to Rs 14,906 per square foot, while plots saw a sharp 43% jump to Rs 9,510 per square foot. For the first half, Prestige sold 13.96 million square feet, comprising 6,788 units. Average realization for apartments during this period stood at Rs 13,769 per square foot, up 6%, while plots averaged Rs 8,425 per square foot, higher by 17% from last year. Collections remained strong, touching Rs 4,212.8 crore in Q2, up 54% year-on-year, and Rs 8,735.6 crore in H1 FY26, marking a 55% rise over the previous year. The company's performance was geographically balanced, with contributions from all major regions, underscoring the strength of its diversified portfolio. In Q2, Prestige launched 3.87 million square feet of developable area with a gross development value (GDV) of Rs 3,966.9 crore. This took its total H1 FY26 launches to 18.81 million square feet with a GDV of Rs 17,592.2 crore. Prestige's commercial portfolio also remained robust, with gross leasing of 2.3 million square feet during Q2 FY26 and portfolio occupancy at 93.42%. The company expects FY26 exit rentals of Rs 819.9 crore, reflecting stable demand in the office space segment. The retail vertical maintained its strong growth trajectory, clocking a gross turnover of Rs 623.6 crore in Q2 FY26, up 9% year-on-year. Footfalls across malls reached 4.8 million, while portfolio occupancy remained an impressive 99%. Exit rentals for FY26 are estimated at Rs 271.7 crore, underlining sustained tenant interest and healthy leasing activity. Irfan Razack, chairman and managing director, Prestige Group, said: In Mumbai, our flagship project Prestige Nautilus has achieved over 60% inventory sales with more than ₹4,400 crore in value within just a few months of launch. Our maiden project in NCR, The Prestige City Indirapuram, has clocked sales of ₹8300+ crores and collections of ~₹1500 crores in just a few months. We remain focused on consolidating this growth through timely delivery, prudent financial management, and a pipeline of projects that continue to set benchmarks in the industry. Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at June 2025, the Group has delivered 307 projects spanning 199 mn sft and currently has a pipeline of 132 projects across 200 mn sft. Powered by Capital Market - Live

Prestige Estates Projects Ltd rose 6.01% today to trade at Rs 1604.5. The BSE Realty index is up 1.53% to quote at 6901.79. The index is up 1.64 % over last one month. Among the other constituents of the index, Godrej Properties Ltd increased 1.81% and Sobha Ltd added 1.46% on the day. The BSE Realty index went down 16.05 % over last one year compared to the 0.38% surge in benchmark SENSEX. Prestige Estates Projects Ltd has added 4.03% over last one month compared to 1.64% gain in BSE Realty index and 0.83% rise in the SENSEX. On the BSE, 26024 shares were traded in the counter so far compared with average daily volumes of 11565 shares in the past one month. The stock hit a record high of Rs 1909 on 15 Oct 2024. The stock hit a 52-week low of Rs 1048.3 on 07 Apr 2025.Powered by Capital Market - Live

Prestige Estates Projects Ltd rose 1.54% today to trade at Rs 1649.8. The BSE Realty index is up 0.72% to quote at 7160.98. The index is up 2.59 % over last one month. Among the other constituents of the index, Godrej Properties Ltd increased 1.22% and DLF Ltd added 0.98% on the day. The BSE Realty index went down 14.01 % over last one year compared to the 0.67% fall in benchmark SENSEX. Prestige Estates Projects Ltd has added 1.27% over last one month compared to 2.59% gain in BSE Realty index and 1.54% rise in the SENSEX. On the BSE, 3043 shares were traded in the counter so far compared with average daily volumes of 12952 shares in the past one month. The stock hit a record high of Rs 1971 on 17 Sep 2024. The stock hit a 52-week low of Rs 1048.3 on 07 Apr 2025.Powered by Capital Market - Live

Prestige Estates Projects announced that the 28th Annual General Meeting(AGM) of the company will be held on 10 September 2025.Powered by Capital Market - Live