Prestige Estates Projects533274Real estate
Nomura and Citi maintained buy ratings on Prestige Estates after strong Q2 pre-sales update
By ScoutQuest · · 1 min read
- Nomura target price
- 1900 rupees
- Citi target price
- 1850 rupees
- FY27 pre-sales guidance achieved
- 40 percent
Heard on business television between 07:44:22 - 07:47:22 IST.
- Nomura maintained buy with target price of Rs 1,900, said Q2 pre-sales beat estimates and sector remains resilient.
- Nomura called Q2 the third strongest quarter in the past 10 quarters and expects launch momentum to improve this year.
- Citi maintained buy with target price of Rs 1,850, said pre-sales were in line with estimates.
- Citi flagged the new launch pipeline in H2 as a key monitorable; Prestige has achieved 40% of its FY27 pre-sales guidance.
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Source: Live TV News Channel · 14 Oct 2026
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