Puravankara gains as its arm invests in NBD Office Park LLP
Puravankara is currently trading at Rs. 339.95, up by 6.25 points or 1.87% from its previous closing of Rs. 333.70 on the BSE.
The scrip opened at Rs. 348.80 and has touched a high and low of Rs. 348.80 and Rs. 326.15 respectively. So far 4530 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 565.00 on 03-Jul-2024 and a 52 week low of Rs. 175.05 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 389.60 and Rs. 326.15 respectively. The current market cap of the company is Rs. 8061.90 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 18.00% and 7.00% respectively.
Puravankara’s wholly owned subsidiary -- PPL Hebbal Developers has invested in NBD Office Park LLP (hereinafter referred to as ‘LLP’) as a partner with Capital Contribution of Rs 2.96 crore (24.99% share). The LLP is engaged in Real Estate Business.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
