Stock of this realty firm has zoomed 100% since April; hits record high

Thus far in the month of October, the stock price of Prestige Estates Projects has rallied 34% after the company reported strong business performance for September quarter (Q2FY24).

Shares of Prestige Estates Projects hit a record high of Rs 808.70, as they rallied 9 per cent on the BSE in Wednesday’s intra-day trade on the healthy business outlook. The stock of real estate company surpassed its previous high of Rs 796 touched on October 10, 2023.

At 12:25 PM; Prestige Estates was quoting 3 per cent higher at Rs 765.95, as compared to 0.32 per cent decline in the S&P BSE Sensex. Thus far in the financial year 2023-24 (FY24), the stock price of the company has doubled or zoomed 101 per cent.

Thus far in