Prestige Estates Projects Outperforms Market Amid Broader Decline in Sensex

Prestige Estates Projects has shown a notable increase of 3.5% on June 2, 2025, outperforming the broader market significantly. The stock reached an intraday high of Rs 1,528.95, reflecting a rise of 4.18% during the trading session. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
In contrast, the Sensex has experienced a decline, falling by 365.34 points to 80,849.08, marking a decrease of 0.74%. The index has been on a downward trend for three consecutive weeks, losing 1.8% during this period. Despite the overall market downturn, Prestige Estates Projects has demonstrated strong performance metrics over various time frames. Over the past week, the stock has gained 5.74%, and over the past month, it has risen by 11.40%.

However, it is noteworthy that the stock has faced challenges over the longer term, with a year-to-date performance of -10.47% and a one-year decline of 4.77%. In contrast, its three-year and five-year performances have been robust, with increases of 241.45% and 820.25%, respectively.