Prestige Estates, Polycab India hit 52-week high in subdued market

Prestige Estates Projects were up for the fifth straight trading day, up 7 per cent at Rs 345, while Polycab India hit a new high of Rs 967, up 3 per cent on the BSE.

Shares of Prestige Estates and Polycab India hit their respective 52-week highs on Tuesday in an otherwise weak market. These stocks were trading higher in the range of 3 per cent to 7 per cent, as compared to around half a per cent decline in the S&P BSE Sensex in the afternoon deals.

Shares of Prestige Estates Projects, the real estate developer, were up for the fifth straight trading day, up 7 per cent at Rs 345 on Tuesday on optimisation of the strong pipeline of rental assets yielding growth in rentable income. The stock was trading close to