Puravankara trades jubilantly on acquiring 53.5-acre land parcel in Bengaluru
Puravankara is currently trading at Rs. 270.90, up by 30.35 points or 12.62% from its previous closing of Rs. 240.55 on the BSE.
The scrip opened at Rs. 248.90 and has touched a high and low of Rs. 272.00 and Rs. 248.00 respectively. So far 111964 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 418.00 on 24-Dec-2024 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. 272.00 and Rs. 234.00 respectively. The current market cap of the company is Rs. 6374.58 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.71% and 7.29% respectively.
Puravankara has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, further strengthening its presence in one of the city’s emerging residential growth corridors. The acquisition is aligned with the company’s strategy to expand across Bengaluru micro-markets, supported by improved infrastructure, strong connectivity, and sustained end-user demand. The newly acquired land parcel at Attibele Hobli, Anekal Taluk is strategically located and has a saleable area of 6.4 msft, with a potential gross development value of over Rs 4,800 crore.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
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