Prestige Estates stock falls 3.5%

Around 37lakh shares of the company changed hands in a block deal on the BSE on Friday.

Jul 13, 2018 09:07 IST India Infoline News Service

Prestige Estates
Prestige Estates' stock dropped 3.5% on the BSE in the afternoon session after ~37lakh shares of the company changed hands in a block deal on BSE.

Prestige Estates Projects share price is currently at Rs262.70, down Rs8.85, or 3.26%, from its previous close of Rs271.55 on the BSE.

The scrip opened at Rs271.15 and has touched a high and low of Rs271.15 and Rs261, respectively. So far, 40,13,858 (NSE+BSE) shares have been traded on the counter.

The current market cap of the company is Rs10,183.13cr.
The BSE group 'A' stock of face value Rs10 has touched a 52 week high of Rs356.10 on 16-Jan-2018 and a 52 week low of Rs221.20 on 04-Jun-2018. Last one week high and low of the scrip stood at Rs279.40 and Rs268.15 respectively.
The promoters holding in the company stood at 70 % while Institutions and Non-Institutions held 28.67 % and 1.33 % respectively.
The stock is currently trading below its 200 DMA.

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