Puravankara moves up as its arm secures Rs 311.18 crore contract for Sattva AANGANE project
Puravankara is currently trading at Rs. 232.30, up by 0.85 points or 0.37% from its previous closing of Rs. 231.45 on the BSE.
The scrip opened at Rs. 231.75 and has touched a high and low of Rs. 234.95 and Rs. 230.95 respectively. So far 3201 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 358.45 on 17-Jan-2025 and a 52 week low of Rs. 205.05 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 243.15 and Rs. 225.20 respectively. The current market cap of the company is Rs. 5499.50 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.68% and 7.32% respectively.
Puravankara’s wholly owned subsidiary -- Starworth Infrastructure & Construction (SICL) has received a Letter of Intent (LoI) from M/s Sattva Resi for construction of the proposed residential project, ‘Sattva AANGANE’ having approximate built-up area of 30,36,458 Sq. ft. at East Taluk, Bangalore. The contract valued at around Rs 311.18 crore and is to be executed within 37 months.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
