Prestige Estates Projects surges on inking investment agreement with GAMNAT

14 Jan 2020 Evaluate

Prestige Estates Projects is currently trading at Rs. 350.80, up by 6.30 points or 1.83% from its previous closing of Rs. 344.50 on the BSE.

The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 353.60 and Rs. 342.25 respectively. So far 4401 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 365.75 on 18-Dec-2019 and a 52 week low of Rs. 193.10 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 353.60 and Rs. 311.35 respectively. The current market cap of the company is Rs. 13125.00 crore.

The promoters holding in the company stood at 70.00%, while Institutions and Non-Institutions held 29.06% and 0.94% respectively.

Prestige Estates Projects has executed an investment agreement dated January 13, 2020 with GAMNAT Pte., with regard to the proposed issue of 1,34,41,654 equity shares of face value Rs 10 each to GAMNAT Pte. The proposed investment is for an aggregate amount of Rs 4,36,85,37,550.

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.



Prestige EstatesProj Share Price

1177.50 -12.40 (-1.04%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 456.85
Macrotech Developers 1133.75
NBCC (India) 119.05
Prestige EstatesProj 1177.50
DLF 898.30
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