BUZZ — India's Prestige Estates rises as second — quarter pre — sales surge

* Shares of India's Prestige Estates rise 3% to 1.473 rupees * The real estate company says second-quarter FY27 pre-sales up 20% Y/Y at 72.25 billion rupees ($758.25 million), helped by sale of 3,910 units * Company says residential collections rose to 52.94 billion rupees, reflecting healthy customer demand and strong execution across projects * Prestige Estates says its investment of 30 billion rupees in Prestige Hospitality Ventures will support portfolio expansion and future growth opportunities * Stock rated "buy" on avg by 21 analysts, with median PT of 1,878 rupees - data compiled * Stock down 10.14%, YTD ($1 = 95.2850 Indian rupees) (Reporting by Anushka Rajvedi in Bengaluru) ((mailto: anushka.rajvedi@thomsonreuters.com)