Prestige Estates Projects share price jumps 7% on land acquisition in NCR's Indirapuram Extension for ₹468 crore
₹10,000 crore. In addition to sharing revenue with the landlord, the company reported that the acquisition cost came to ₹468 crore.
Prestige Estates Projects share price opened at an intraday low of ₹1,065 apiece and touched an intraday high of ₹1,118.95. According to Rajesh Bhosale, Equity Technical and Derivative Analyst, Angel One, the realty space has shown strength this week, and the stock prices of prestige estate as well have performed well, particularly in today's session when prices are up by over 4%.
This bounce in the near term can extend with ₹1,150 as the next potential resistance and ₹1,000 as support. Also Read: TCS, Wipro to Infosys: Why are Indian IT stocks falling after Accenture share price crash — explained "Exciting news! Mint is now on WhatsApp Channels
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