Prestige Estates posted a strong Q2 business update, with pre-sale numbers stealing the show. (Photo: Company website) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Shares of Prestige Estates are trading with gains of over 5% following an exceptionally strong pre-quarterly business update, where the company registered highest highest-ever sales in a first half of the financial year.
The stock is currently trading at Rs 1,592, reaching an intraday high of Rs 1,618. The rally comes at a time when the stock has fallen more than 14% in the last 12 months.
It appears Prestige's strong quarterly business update has vastly improved investor sentiment, especially after the company exceeded full-year FY25 sales in just the first half of FY26.
The company also confirmed that sa