Prestige Estates' strong H1 puts it on course to top FY26 guidance

Realty major Prestige Estates' record H1 sales and strong Q2 demand boost investor confidence as brokerages expect it to exceed its FY26 sales guidance

The stock of real estate major Prestige Estates Projects was among the top gainers in the BSE 200 index, rising 4.4 per cent after the company indicated healthy growth in its pre-quarter update for the July–September quarter (Q2) of 2025–26 (FY26).

 

While Q2 sales were robust, the first half (H1) of FY26 saw presales or bookings exceed those of 2024–25. The strong bookings trend is expected to support the stock, which, along with its real estate peers, has sharply underperformed the broader markets and benchmarks over the past year. The stock is down 15 per cent during this period.

 

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