'Buy' Prestige Estates Shares Reiterates Motilal Oswal On Re-Rating Potential; Sees 32% Upside

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Motilal Oswal Report

While delays in approvals impacted Prestige Estate Projects Ltd.'s launches during the year, these have been deferred to FY26.

As the company advances its growth trajectory in both residential and commercial segments and unlocks value from its hospitality segment, we believe the stock is set for further re-rating.

Reiterate Buy with a revised target price of Rs 1,938 (previously 1,725), indicating a 32% upside potential.

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