Prestige Share Price boosts on Q2 Performance

The Prestige share price is up 4 per cent since its results recently on better-than-expected September 2016 quarter (Q2) performance and the company maintaining its FY17 novel sales guidance of Rs 3,500 to Rs 4,000 cr in spite of demonetisation-related slowdown concerns.

At 9:58 am, Prestige share price touched the day’s high and low at Rs 172 and Rs 165.95, respectively. Prestige Estates Projects Limited, incorporated in the year 1997, is a Mid Cap company having a market cap of Rs 6193.12 Cr operating in Construction sector.  

The Average Daily Movement or ADM of the stock is 8.52 and its average volume for last 20 days is 338853. The stock yields 6.92 per cent monthly returns and has a book value of 110.50. For the quarter ended 30-Sep-2016 (Q2), the company has posted Consolidate sales of Rs. 1137.07 Cr, up 21.88 per cent from last quarter Sales of Rs. 932.96 Cr. and down -4.85 per cent from last year same quarter Sales of Rs. 1195.05 Cr. Company has reported net profit after tax of Rs. 87.73 Cr in latest quarter.

The lower price band of the share is 132.15 and the upper price band is 198.15. The 52 week high of Prestige share price is observed at Rs. 223.80 (23-Sep-16) while the 52 week low is seen at Rs. 129.55 (17-Mar-16).

Prestige is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. Prestige is fundamentally strong and is safe for investment, as per Dynamic analysts. In order to know about the support and resistance levels of the scrip and also its fundamentals, please visit Prestige share price history.

Prestige rose 4% during the afternoon trade

During the second half of the trading session, Prestige share price went up by 4 per cent. The stock is trading at a rise of 6 points at Rs. 150.55. The stock touched the days high and low at Rs. 151.90 and Rs. 146. Till now, 1,37,343 shares are traded in the counter with a traded value of Rs. 205.73 lacs, as per NSE.

The lower price band of the share is 115.60 and the upper price band is 173.40. The 52 week high of Prestige share price is observed at Rs. 223.80 on 23rd Sept 16 while the 52 week low is seen at Rs. 129.55 on 17th March ‘16. The Average Daily Movement of the stock is 9.12 and its average volume for last 20 days is 398059. The stock yields -20.29 per cent monthly returns and has the PE ratio of 15.43 The market cap of the company amounts to Rs. 5418.75 (Cr) and has a book value of Rs. 110.50.

Prestige Estates Projects Ltd. was incorporated in the year 1997. It is a Mid Cap company which operates in the Construction sector.

Prestige Estates Projects Ltd has informed that a Meeting of the Board of Directors of the Company is scheduled to be take place on December 07, 2016, inter alia, in order to consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2016.

Prestige is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE.  Prestige is fundamentally strong and is safe for investment, as per Dynamic analysts.

In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Prestige share price history.