Prime Property Development Corporation Hits New 52-Week Low at Rs. 29.11

Prime Property Development Corporation has reached a new 52-week low, hitting Rs. 29.11 today, October 16, 2025. This marks a significant decline for the microcap realty company, which has seen its stock price decrease by 8.85% over the past year, contrasting sharply with the Sensex's performance of 1.80% during the same period.
Despite today's performance, where the stock outperformed its sector by 1.14%, it remains below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend follows three consecutive days of decline before a slight gain today.

The company's financial health has raised concerns, with operating losses reported and a weak long-term fundamental strength. Recent financial results indicate a significant drop in net sales, down 73.40%, and a substantial decline in profit after tax, which fell by 88.7% compared to the previous quarter's average. Additionally, the company's ability to service its debt is under scrutiny, reflected in a negative EBIT to interest ratio of -3.28.

As the market continues to evolve, Prime Property Development Corporation's current position highlights the challenges it faces in a competitive real estate landscape.