Prestige Estate Projects is currently trading at Rs. 195.75, up by 0.40 points or 0.20% from its previous closing of Rs. 195.35 on the BSE.

The scrip opened at Rs. 194.80 and has touched a high and low of Rs. 197.00 and Rs. 192.85 respectively. So far 6556 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 323.70 on 29-Jan-2015 and a 52 week low of Rs. 181.00 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 200.65 and Rs. 187.40 respectively. The current market cap of the company is Rs. 7378.13 crore.

The promoters holding in the company stood at 70.00% while Institutions and Non-Institutions held 25.66% and 4.34% respectively.

Reserve Bank of India (RBI) has notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of Prestige Estate Projects under the Portfolio Investment Scheme (PIS). RBI has further advised that the foreign shareholding by FIIs/RFPIs in Prestige Estate Projects have gone below the revised threshold limit. Accordingly, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect.

The company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/RFPIs.

Prestige Estate Projects is a property development and the flagship company of Prestige Group. Since its formation in 1986, the company has grown swiftly to become one of South India's leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors.

Prestige EstatesProj Share Price

1600.15 41.35 (2.65%)
18-May-2024 12:50 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 443.30
Macrotech Developers 1205.80
NBCC (India) 143.80
Prestige EstatesProj 1600.15
DLF 851.25
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