Stock · NSE
PRESTIGE
1,733.20▲ 59.30 (3.54%)Last 2 days · 15m candles10/7/2026, 23:53:13
Open: 1,672.40High: 1,736.60Low: 1,669.60Prev: 1,673.90
VERIFIEDET Markets·4d★ ON YOUR LIST
Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 croreAI summary· POSITIVE
- ·Prestige Estates Projects Ltd acquired a 50% stake in Advent Convention and Hotels International Ltd for Rs 504 crore.
- ·The acquisition will facilitate a commercial development in Mumbai's Andheri East.
- ·The project will encompass 1.50 million sq ft of leasable area with a total development value of Rs 4,500 crore.
VERIFIEDET Finance·5d★ ON YOUR LIST
Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projectsAI summary· POSITIVE
- ·Prestige Estates will invest Rs 15,000 crore this fiscal year in residential and commercial projects.
- ·The investment will focus on South India, Mumbai, and Delhi-NCR.
- ·The company achieved record sales bookings of Rs 30,024 crore last fiscal year.
VERIFIEDET Finance·12d★ ON YOUR LIST
Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan RazackAI summary· NEUTRAL
- ·Prestige Estates Projects Ltd has Rs 65,000 crore in unrecognised revenue.
- ·The company achieved record bookings of Rs 30,024 crore for fiscal 2025-26.
- ·Prestige is in discussions with auditors regarding the adoption of the percentage of completion method for revenue recognition.
VERIFIEDET Markets·16d★ ON YOUR LIST
India's 28 big listed realty firms clock Rs 1.95 lakh cr pre-sales in FY26; Godrej Properties at topAI summary· POSITIVE
- ·India's top 28 listed real estate firms recorded Rs 1.95 lakh crore in sales bookings in the last fiscal year.
- ·This figure represents a 17% increase compared to the previous year, indicating strong housing demand.
- ·Godrej Properties emerged as the top performer, followed by Prestige Estates and Lodha Developers.
VERIFIEDET Finance·19d★ ON YOUR LIST
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 croreAI summary· POSITIVE
- ·Prestige Estates plans to launch two new housing projects in Delhi-NCR this fiscal year.
- ·These projects are expected to generate a potential revenue of Rs 6,800 crore.
- ·The company aims for overall sales bookings of Rs 35,000-36,000 crore this fiscal.
VERIFIEDET Finance·38d★ ON YOUR LIST
Unilever says co won't miss India's premium boom like it did in ChinaAI summary· NEUTRAL
- ·Unilever aims to avoid repeating past mistakes in China by capitalizing on India's premium market.
- ·The company plans to accelerate the introduction of global prestige home and personal care brands in India.
- ·India is identified as a key priority market for Unilever's future growth and acquisitions in beauty and personal care.
VERIFIEDMint Companies·38d★ ON YOUR LIST
DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projectsAI summary· POSITIVE
- ·Dev Accelerator has leased 1.11 lakh sq ft of office space in Bengaluru.
- ·The new office space will accommodate over 1,200 seats.
- ·This expansion is projected to increase the company's monthly revenue by ₹2.2 crore.
VERIFIEDET Finance·42d★ ON YOUR LIST
Listed real estate developers move beyond home cities to tap growthAI summary· NEUTRAL
- ·Major real estate firms are expanding their operations beyond their home cities.
- ·Companies such as Godrej Properties and Prestige are entering other metropolitan areas.
- ·This strategy aims to capitalize on demand in multiple high-growth regions and mitigate single-city market risks.
VERIFIEDMint Markets·49d★ ON YOUR LIST
Prestige Estates Projects shares rangebound even as Q4 profit surges 10x to ₹250 crore. Should you buy?AI summary· NEUTRAL
- ·Prestige Estates Projects reported a Q4 profit surge of 10 times, reaching ₹250 crore.
- ·Despite the profit increase, Prestige Estates shares have been rangebound for the past two years.
- ·The stock has experienced a 13% year-to-date decline, a 2% drop in the last year, and a 13% decrease over two years.
VERIFIEDET Finance·49d★ ON YOUR LIST
Prestige Estates records 112% rise in FY26 net profit at Rs 1,311.9 croreAI summary· POSITIVE
- ·Prestige Estates Projects reported a net profit of Rs 1,311.9 crore in FY26.
- ·The company's revenue reached Rs 13,195.5 crore in FY26.
- ·Sales bookings for Prestige Estates Projects amounted to Rs 30,024.5 crore in FY26.
VERIFIEDMint Companies·58d★ ON YOUR LIST
DLF's sales bookings drop in FY26AI summary· NEUTRAL
- ·Top developers reported cumulative sales bookings of ₹1.04 trillion in FY26.
- ·This marks a new milestone for the real estate sector.
- ·DLF's sales bookings dropped in FY26.