Buy Prestige Estates Projects, target price Rs 2,290: Bajaj Broking

Bajaj Broking sets a target price of Rs 2290 for Prestige Estates. The brokerage anticipates a breakout and continued upward movement. The current market price is Rs 1748.4. The company's recent financial performance includes a total income of Rs 2423.80 crore and a net profit of Rs 245.70 crore. Promoters hold a 60.94% stake in the company.