17 Sep 2025 | 3 Mins Read
Nomura sees upside in Prestige Estates on pan-India expansion plans
Flipitmoney
Nomura sees upside in Prestige Estates shares, backed by its strong Q1 results: presales surged ~300% YoY to ₹12,126 crore, sales volumes jumped 234%, and collections rose 55%. The real estate firm’s Pan-India expansion, healthy launch pipeline & strong execution underpin its growth potential. It has a "Buy" recommendation and ₹1,900 price target.