Prestige Estate Projects is currently trading at Rs. 313.75, up by 13.15 points or 4.37% from its previous closing of Rs. 300.60 on the BSE.
The scrip opened at Rs. 316.00 and has touched a high and low of Rs. 316.00 and Rs. 310.15 respectively. So far 33810 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 346.00 on 01-Dec-2017 and a 52 week low of Rs. 148.00 on 14-Mar-2017.
Last one week high and low of the scrip stood at Rs. 316.00 and Rs. 297.00 respectively. The current market cap of the company is Rs. 11765.63 crore.
The promoters holding in the company stood at 70.00%, while institutions and non-institutions held 28.95% and 1.05% respectively.
Prestige Estate Projects through a wholly owned special purpose vehicle (SPV) is in the process of acquisition of 66.66% equity stake in Prestige Projects (PPPL), from the Investors and Land owners for a consideration of approximately Rs 324 crore. The acquisition is expected to be completed before January 31, 2018. The transaction is in the ordinary course of business and is being done at arm’s length. The above said proposal is being mooted for business reasons.
PPPL is in the business of real estate development and owns a land parcel admeasuring over 180 acres located in Sarjapur road, Bengaluru. The company is proposing to develop a large scale affordable and mid income housing project (approx. over 7.5 million square feet of developable area) comprising of Apartments, Villas and Plots along with various lifestyle amenities and necessary social infrastructure such as Retail shopping Malls, Sports facilities etc. in this land.
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.
| Company Name | CMP |
|---|---|
| Dilip Buildcon | 433.30 |
| Macrotech Developers | 1246.10 |
| NBCC (India) | 89.10 |
| Phoenix Mills | 1625.65 |
| Ahluwalia Contract(I | 926.35 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
