Prestige Estates Projects shares jump after Hyderabad project sees strong early salesPrestige Estates Projects shares jump after Hyderabad project sees strong early sales

Introduction

Leading real estate developer reported strong response to Hyderabad project with over 1,700 units sold within two weeks and sales exceeding Rs 2,500 crore.

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Share price movement of Prestige Estates

On April 22, 2026, Prestige Estates Projects Limited opened at ₹1,415.15, up 0.89% from its previous close of ₹1,402.70. The stock reached a high of ₹1,419.10 (1.17%) and a low of ₹1,401.40. By 11:16 AM, it traded at ₹1,414.65, a 0.85% increase, with a market cap of ₹60,933.25 crore.

Prestige Golden Grove Sees Strong Sales 

Prestige Estates Projects Limited reported strong response to Prestige Golden Grove launch in Hyderabad. The project recorded over 4,000 customer footfalls, indicating high interest in the residential development market.

Within two weeks of launch, the company sold over 1,700 units. Total sales value exceeded Rs 2,500 crore, reflecting strong early traction and sustained homebuyer demand in Hyderabad market.

Prestige Golden Grove is located in Tellapur and spans around 29 acres. It includes about 5,120 units across 10 towers with an estimated gross development value of Rs 9,500 crore.

Stock performance of Prestige Estates for period of 1 week, 6 months, and 1 year

Prestige Estates Projects Limited delivered a 1-week return of 4.49%, a 6-month return of -20.0%, and a 1-year return of 7.58%.

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Shareholding pattern of Prestige Estates

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	60.90%	60.90%	60.90%
FII	14.20%	15.70%	15.70%
DII	23%	21%	21%
Public	2.30%	2.40%	2.60%

About Prestige Estates

Prestige Estates Projects Limited (NSE: PRESTIGE) operates across residential, office, retail, hospitality, property management and warehouse segments, with presence in more than 12 major Indian cities.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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