Prestige Estates Projects Ltd has launched 620 flats in Ghaziabad, projecting Rs 2,200 crore in revenue as part of its expansion strategy. This follows the successful first phase of its township, ‘The Prestige City, Indirapuram’, which comprised 3,421 units. The company has reported a significant 50% increase in sales bookings to Rs 6,017.
FIIs and DIIs place big bets on State Bank of India — Analysts see about 20% rally ahead
Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts