Prestige Estates Projects Faces Decline Amid Broader Market Volatility and Mixed Performance Trends

Prestige Estates Projects has experienced a decline of 3.25% on May 6, 2025, underperforming the broader construction and real estate sector, which fell by 2.41%. The stock reached an intraday low of Rs 1340, reflecting a drop of 3.17%. Despite this downturn, Prestige Estates remains above its 5-day, 20-day, and 50-day moving averages, although it is trading below its 100-day and 200-day moving averages.
In the context of the overall market, the Sensex opened positively but subsequently fell by 293.93 points, currently trading at 80,613.31, down 0.23%. The Sensex has shown resilience over the past three weeks, gaining 7.26%, although it is currently above its 50-day moving average, which is below its 200-day moving average.

Over various time frames, Prestige Estates Projects has shown mixed performance. While it has gained 18.68% over the past month, it has seen a year-to-date decline of 21.20%. In contrast, its three-year and five-year performances remain strong, with increases of 192.46% and 730.52%, respectively, compared to the Sensex's 47.01% and 154.42%.