Buy Prestige Estates Projects, target price Rs 1,820: Axis Securities Jobbery Stock Market update

Axis Securities recommends a buy on Prestige Estates Projects with a target price of Rs 1,820, up from its current Rs 1,201.85. Despite challenges, Prestige’s annuity business remains strong, launching three new projects with a 90% occupancy rate. The company aims for significant exit rentals growth by FY28, bolstering its robust market position.