Puravankara inches up on inking pact with IBM Global Business Services
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Puravankara is currently trading at Rs. 139.60, up by 0.90 points or 0.65% from its previous closing of Rs. 138.70 on the BSE.
The scrip opened at Rs. 142.90 and has touched a high and low of Rs. 142.90 and Rs. 139.20 respectively. So far 9814 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 144.65 on 06-Oct-2021 and a 52 week low of Rs. 42.35 on 02-Nov-2020.
Last one week high and low of the scrip stood at Rs. 144.65 and Rs. 131.35 respectively. The current market cap of the company is Rs. 3289.27 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 18.06% and 6.94% respectively.
Puravankara has partnered with IBM Global Business Services (GBS) to deploy RISE with SAP, an integrated cloud ERP solution revolutionizing their business transformation. IBM will integrate the SAP cloud environment with Puravankara's cloud environment to ensure seamless enterprise functions. IBM will also deploy Ariba Sourcing, a strategic sourcing solution by SAP, to automate and streamline critical tasks in sourcing indirect and direct materials.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
