Quote on Prestige Estates Projects Ltd by Mr. Yash Gupta, Angel One Ltd
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Below is quote on Prestige Estates Projects Ltd by Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
Prestige Estates Projects Limited has reported pre-sales growth of 88% at ₹2,111.9 crores as compared to ₹1,123.3 crores in Q2FY21, along with this company has reported 100% growth in volume at 3.54 mn sqft as compared to 1.77 mn sqft in Q2FY21. The company has reported continued growth in its collection at ₹1,551 crores up by 35%. The company has received a very good response in its latest project Prestige Great Acres, project got sold out on its day of launch. Prestige has a good pipeline of projects across southern India as well as in the Mumbai and NCR market.
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