BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
UBS downgrades Prestige Estates to sell from neutral
The brokerage says 28 per cent year-on-year growth in pre-sales of Prestige Estates is unlikely to sustain. Increasing debt level of the company cannot be ignored, added UBS.