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Puravankara is currently trading at its upper limit of Rs. 395.85, up by 18.85 points or 5.00% from its previous closing of Rs. 377.00 on the BSE.

The scrip opened at Rs. 387.00 and has touched a high and low of Rs. 395.85 and Rs. 377.00 respectively. So far 75932 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 395.85 on 25-Apr-2024 and a 52 week low of Rs. 75.12 on 27-Apr-2023.

Last one week high and low of the scrip stood at Rs. 395.85 and Rs. 336.75 respectively. The current market cap of the company is Rs. 9011.69 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.08% and 7.92% respectively.

Puravankara’s wholly owned subsidiary -- Provident Housing has secured Rs 1,150 crore investment from HDFC Capital. The investment marks a milestone in the company’s journey of growth and expansion. This strategic collaboration will add an additional 6.2 million square feet of new residential projects to the ongoing 14.8 million square feet with a combined GDV of Rs 17,100 crore, which will be delivered over the next five to six years. Provident, a large-scale community developer, has so far completed 15.1 million square feet of projects across the country with a presence in nine cities, including Bengaluru, Hyderabad, Chennai, Goa, Kochi, Mumbai, and Pune.

This partnership with HDFC Capital will help strengthen Provident Housing’s commitment to leveraging alliances to capitalise on emerging opportunities in the real estate sector. With this investment, the company is poised for expansion, focusing on innovation, quality, customer-centricity, and sustainable project development. 

Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.