Prestige Estates climbs 6% on CLSA`s buy rating

Prestige Estates Projects climbed on Friday after global firm CLSA recommended 'Buy' on the company as it expects higher revenue growth and earnings to trigger the stock price. Shares ofthe companyare trading at Rs 159.50, up Rs 9.45, or 6.30% at the Bombay Stock Exchange (BSE) on Friday at 12:23 p.m.The broking firmraised price target of Rs 200, an upside of 29%, from the current market price. The scrip has touched an intra-day high of Rs 160 and low of Rs 149.50. The total volume of shares traded at the BSE is 77,286.In the earlier session, the shares declined 2.72%, or Rs 4.2, at Rs 150.05. Currently, the stock is trading all time 52-week high, which is above 177.15% over the 52-week low of Rs 57.55.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 146.25 3.80 2.60 1 Month 142.75 7.30 5.11 3 Months 112.95 37.10 32.85 6 Months 110.80 39.25 35.42 1 Year 95.40 54.65 57.29 Note: Based on previous day closing price.