Prestige Estates stock falls 1.01 percent on NSE
Published on 09/24/2026 at 17:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Prestige Estates stock stood at INR 1,475 on the NSE on September 24, 2026, down 1.01 percent for the session and 18.29 percent below its 52-week high of INR 1,805.20. The latest operating snapshot is Q1 FY2027, when revenue reached INR 28.356 billion and net income was INR 2.359 billion.
Revenue falls from the prior quarter
Quarterly revenue was INR 28.356 billion in Q1 FY2027, compared with INR 41.435 billion in Q4 FY2026. That represents a 31.56 percent sequential decline, while diluted earnings per share stood at INR 5.48 in the June 2026 quarter.
The earnings mix gives the stock a more demanding near-term setup than the headline project pipeline alone suggests. Net income of INR 2.359 billion in Q1 FY2027 was below the INR 2.501 billion reported for Q4 FY2026, a decline of 5.68 percent.
New homes add project visibility
Prestige Estates launched Garden Breeze in Bengaluru on September 17, 2026, with an estimated gross development value of INR 11 billion. Business Standard reported that the development covers 10 acres and includes 655 apartments.
The project contains 0.93 million square feet of saleable area, with two and three bedroom homes. CNBC TV18 also reported the INR 11 billion project value and its Sarjapur location.
Stock stays below the yearly high
At INR 1,475 on September 24, 2026, the stock was INR 330.20 below its 52-week high and INR 385 above its 52-week low of INR 1,090. The market capitalization was INR 635.327 billion on the same date.
The combination of a 1.01 percent daily decline, a 31.56 percent sequential revenue drop and new project launches leaves operating execution as the key measurable variable for the next results cycle.
Prestige Estates Projects profile
- Company: Prestige Estates Projects Limited
- Ticker: PRESTIGE
- Trading venue: NSE
- Price (September 24, 2026): INR 1,475
- Market capitalization: INR 635.327 billion (as of September 24, 2026)
- 52-week range: INR 1,090-1,805.20 (as of September 24, 2026)
- Sector / Industry: Realty / Construction and real estate
