Prestige Estates Projects Faces Mixed Performance Amid Broader Market Decline

Prestige Estates Projects has experienced a notable decline of 3.38% on March 28, 2025, underperforming the broader market sector by 2.75%. The stock reached an intraday low of Rs 1169.95, reflecting a drop of 3.76% during the trading session.
In terms of moving averages, the stock is currently positioned above its 20-day moving average but below the 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term performance trends.

The overall market sentiment has been negative, with the Sensex opening positively but subsequently falling by 351.47 points to trade at 77,339.22, a decrease of 0.34%. While Prestige Estates Projects has shown a 4.80% increase over the past month, its performance over the last three months has been significantly weaker, with a decline of 32.93%.

Year-to-date, the stock has dropped by 30.79%, contrasting with the Sensex's modest decline of 0.99%. However, over a longer horizon, Prestige Estates Projects has demonstrated substantial growth, with a 498.90% increase over the past five years, outperforming the Sensex's 159.47% gain in the same period.