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Prime Property Development Corporation Hits New 52-Week Low at Rs. 29.11


Prime Property Development Corporation has reached a new 52-week low, reflecting a significant decline in its stock price over the past year. The company faces financial challenges, including substantial drops in net sales and profit, alongside concerns about its ability to service debt amid a competitive real estate market. Prime Property Development Corporation has reached a new 52-week low, hitting Rs. 29.11 today, October 16, 2025. This marks a significant decline for the microcap realty company, which has seen its stock price decrease by 8.85% over the past year, contrasting sharply with the Sensex’s performance of 1.80% during the same period.
Despite today’s performance, where the stock outperformed its sector by 1.14%, it remains below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend follows three consecutive days of decline before a slight gain today.

The company’s financial health has raised concerns, with operating losses reported and a weak long-term fundamental strength. Recent financial results indicate a significant drop in net sales, down 73.40%, and a substantial decline in profit after tax, which fell by 88.7% compared to the previous quarter’s average. Additionally, the company’s ability to service its debt is under scrutiny, reflected in a negative EBIT to interest ratio of -3.28.

As the market continues to evolve, Prime Property Development Corporation’s current position highlights the challenges it faces in a competitive real estate landscape.

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