Prestige Estate

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  Buy Prestige Estate, TCS; Sell Bharat Financial Inclusion: Sumeet Bagadia

  Indian markets fell for the fifth day in a row with Nifty settling below 8,100 level on Tuesday. Till the time 8,000 is not taken away Nifty will trade in range of 8,000-8,180, says Sumeet Bagadia.

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  Real Estate Shares Tumble On Government's Black Money Crackdown

  Realty stocks plunged up to 20 per cent in early trade today with scrips of Unitech and DLF taking a major hit following the government's measures to clamp down on the black money menace.

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  Prestige Estates Posts 58% Fall In Q1 Profit

  Realty firm Prestige Estates Projects on Thursday reported a 58 per cent fall in consolidated net profit at Rs 47.79 crore for the quarter ended June on lower sales.

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  Realty Stocks Jump After Rajya Sabha Clears Real Estate Bill

  DLF, India's biggest listed developer, traded 4 per cent higher, while Mumbai-based Oberoi Realty advanced 3 per cent. Prestige Estates, Phoenix Mills, HDIL, Sobha, United, DB Realty, etc. traded over 2 per cent higher.

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  Prestige Estates Shares Sink on Q3 Profit Drop

  Prestige Estates shares fell as much as 8.2 per cent to hit fresh 52-week low of Rs 156.65 after the company reported a 78 per cent fall in its net profit during the December quarter.

• RBI Restricts Further FII Purchase of Prestige Estate Stake

  FIIs, NRIs and PIOs (Persons of Indian Origins) can invest in primary and secondary capital markets in India through Portfolio Investment Scheme (PIS).

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  Prestige Estates Looks to Develop Space for Warehousing and Logistics Sector

  Realty firm Prestige Estates Projects on Monday today said the company is looking to enter into space development for the warehousing and logistics sector.

• Prestige Estates Raises Rs 500 Crore via Debentures

  ICICI Prudential and Kotak Mutual Fund invested in the NCDs issued by Prestige Estates.

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  'Serious Action Needed on Low-Cost Housing'

  Special zones should be earmarked, says CMD of Prestige Group.

• Prestige Estates Q2 Sales Bookings Up 29% at Rs 1,486 Crore

  The Bangalore-based company achieved sales bookings of Rs 1,149.7 crore in the year-ago period.

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  DLF, Prestige Estates Gain on Nod for Establishing REITs

  REITs are listed entities that mainly invest in income-generating real estate assets, the earnings of which are mostly distributed to their shareholders. They generally get special tax treatment.

• Top Stocks Brokerages Bet on Post Modi Victory

  Brokerages are positive about a revival in investment cycle and are betting on cyclical stocks. Among large caps ICICI Bank, L&T, SBI, Ultratech and Maruti are the top picks of CLSA, whereas IndusInd bank, PFC, Ramco cement, Jubilant foodworks, JSW energy, Prestige Estate and Motherson Sumi are the top picks in the midcap space.

• Property stocks fall after Cabinet approves Real Estate Bill

  Shares of property companies fell after a minister said the Cabinet had approved late on Tuesday the appointment of the first regulator for a sector that has struggled with a reputation for corrupt deals.

• Prestige Estates Q4 net makes over two-fold jump to Rs 89 crore

  Real estate firm Prestige Estates Projects reported on Tuesday a more than two-fold jump in its standalone net profit at Rs 89.03 crore for the quarter ended March, 2013.

• Prestige Estates to offer shares worth Rs 800 crore through IPP route

  Bangalore-based realty firm Prestige Estates Projects Ltd today said it will issue up to 4.69 crore equity shares, worth over Rs 800 crore, through Institutional Placement Programme (IPP) to meet Sebi guidelines on public shareholdings.