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Prestige Estates among top 3 real estate stock picks by Axis Securities for FY26 – Stock Picks

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 1 min read
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Prestige Estates among top 3 real estate stock picks by Axis Securities for FY26 – Stock Picks
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Arvind reported Rs 1,271 crore in pre-sales for FY25, missing its growth guidance due to unexecuted launches. However, it has lined up Rs 4,000 crore worth of launches for FY26 across Bengaluru, Gujarat, and MMR. Projects like Aqua City and The Park achieved near-total bookings at launch, supporting strong momentum. Axis Securities notes Arvind’s asset-light model, high referral-driven sales, and business development capex of Rs 1,000 crore, expected to unlock Rs 5,000 crore in topline potential in the coming year.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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