Read more about Prestige group s FY21 sales bookings at record Rs 5,461cr despite Covid on Business Standard. This comes on the back of better demand for its properties
Prestige Estates Projects shares jump nearly 9 pc after Q4 earnings
Prestige Estates Projects shares jump nearly 9 pc after Q4 earnings
The stock rallied 8.82 per cent to Rs 317 on the BSE.
At the NSE, shares of the company zoomed 8.72 per cent to Rs 317.
Realty firm Prestige Estates Projects Ltd on Tuesday reported a sharp increase in its consolidated net profit to Rs 1,336.3 crore for the quarter ending March, driven by monetisation of a large portfolio of commercial assets.
Its net profit stood at Rs 15.4 crore in the year-ago period.
Total income rose to Rs 2,360.6 crore in the fourth quarter of last fiscal from Rs 2,016.9 crore in the corresponding period of the previous year, the Bengaluru-based firm said in a regulatory filing. (PTI)
Read more about Volumes spurt at CRISIL Ltd counter on Business Standard. CRISIL Ltd registered volume of 11276 shares by 10:49 IST on BSE, a 5.88 fold spurt over two-week average daily volume of 1918 shares
Read more about Real Estate stocks edge higher on Business Standard. Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 53.87 points or 1.99% at 2760.32 at 09:49 IST.