Prestige Estates Projects Faces Continued Stock Decline Amid Broader Market Challenges

Prestige Estates Projects, a prominent player in the realty sector, has experienced a notable decline of 3.03% on July 24, 2025. This downturn marks the third consecutive day of losses for the stock, which has seen a total drop of 6.55% over this period. The stock reached an intraday low of Rs 1688.4, reflecting a decrease of 3.06% at its lowest point today.
In terms of performance metrics, Prestige Estates Projects has underperformed compared to its sector, lagging by 1.84%. Over the past week, the stock has declined by 4.92%, while its monthly performance shows a slight decrease of 1.36%. However, on a longer-term basis, the stock has demonstrated resilience, with a remarkable 30.94% increase over the past three months and an impressive 279.74% rise over the last three years.

Despite the recent challenges, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages. In the broader market context, the Sensex has also faced a decline, closing down 0.67% after a flat opening.