Prestige Estates, a real estate company in Bangalore, India, was founded in 1986 and is one of the top residential and commercial property developers in India. The company has several landmark projects to its name and these include many premium residences and shopping malls. Its completion record is on track and it has covered a large area of development in India.
The future of any company shares, including Prestige Estates shares, can be determined by considering a variety of potential factors that may or may not influence share prices. These factors include the ones mentioned below:
Nevertheless, as on 25th April 2023 the ROI of Prestige Estates shares stands at +160.89% over 3 years.
Share prices are impacted by a number of variables, and these include the company performance of Prestige Estates, the financials of Prestige Estates, the ability of the company to stay ahead of the competition, the demand for real estate, macroeconomic conditions, and market and industry trends, among others.
Prestige Estates has a net sales of Rs. 6389.5 crores in March 2022, and a net profit of Rs. 1231.3 crores in March 2022, with both figures higher than previous years.
The long-term growth potential of a real estate business is dependent on a range of factors and these may include the ability to innovate, the way the company taps the real estate market, macroeconomic factors, industry trends, how the company adopts technology to grow the business, etc.
Prestige Estates paid the last dividend of Rs. 1.5/share in September 2022. There is no upcoming dividend announcement for Prestige Estates shares.
Prestige Estates has paid either final or interim dividends on a yearly basis from 2014 to 2022.
Prestige Estates is not offering any bonus shares.