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Prestige Estates gains despite reporting over 12% fall in Q3 net profit

05 Feb 2014 Evaluate

Prestige Estates Projects is currently trading at Rs. 139.85, up by 1.55 points or 1.12 % from its previous closing of Rs. 138.30 on the BSE.

The scrip opened at Rs. 139.50 and has touched a high and low of Rs. 140.05 and Rs. 138.30 respectively. So far 3882 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 194.90 on 07-Feb-2013 and a 52 week low of Rs. 105.10 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 149.35 and Rs. 137.35 respectively. The current market cap of the company is Rs. 4894.75 crore.

The promoters holding in the company stood at 75.00 % while Institutions and Non-Institutions held 23.67 % and 1.33 % respectively.

Prestige Estates Projects has reported 12.49% fall in its net profit at Rs 80.55 crore for third quarter ended December 31, 2013 as compared to Rs 92.05 crore for the same quarter in the previous year. Total income of the company decreased by 10.09% at Rs 459.96 crore for quarter under review as compared to Rs 511.57 crore for the quarter ended December 31, 2012.

Prestige Estates Projects commenced operations as a partnership firm constituted under the Indian Partnership Act, 1932 on April 1, 1986 under the name and style of Prestige Estates and Properties. The partners of the firm were the Late S Razack, Irfan Razack, Rezwan Razack and Sameera Noaman.

Prestige EstatesProj Share Price

1357.50 19.70 (1.47%)
17-Apr-2026 16:59 View Price Chart
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