Business Standard

Puravankara

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru

The uptick in stock price came after the company announced that it has acquired a 7-acre land parcel in Hebbagodi, Bengaluru

Puravankara hits 52-week high on acquiring 7-acre land parcel in Bengaluru
Updated On : 03 Jul 2024 | 9:51 AM IST

Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18

On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs

Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18
Updated On : 18 Jun 2024 | 7:23 AM IST

Puravankara hits 52-week high as board approves fund raise of Rs 1000 cr

Shares of real estate firm Puravankara reached their 52 week high at Rs 449 per share, rising 3.2 per cent on the BSE in Friday's early morning trades

Puravankara hits 52-week high as board approves fund raise of Rs 1000 cr
Updated On : 14 Jun 2024 | 10:23 AM IST

Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare

Across Asia, markets mirrored the losses seen in Wall Street, with Japan's Nikkei leading the decline with a drop of 1.22 per cent, followed by Korea's Kospi down nearly 1 per cent

Stocks to Watch, May 24: Bayer Crop, Landmark Cars, Shilpa Medicare
Updated On : 24 May 2024 | 8:05 AM IST

Puravankara locked at 5% upper circuit on securing redevelopment project

The surge came after Puravankara announced that it has been selected as the preferred developer for redeveloping a residential housing society in Mumbai's Pali Hill

Puravankara locked at 5% upper circuit on securing redevelopment project
Updated On : 24 Apr 2024 | 11:39 AM IST

Stock of this real estate company zoomed 75% in 15 days; hits 16-yr high

Shares of Puravankara are trading at its highest level since April 2008. It had hit a record high of Rs 535 on December 13, 2007, data shows

Stock of this real estate company zoomed 75% in 15 days; hits 16-yr high
Updated On : 12 Apr 2024 | 12:49 PM IST

Realty index surges 108% from March low; DLF, Godrej Properties soar 100%

Since March 28, the market prices of DB Realty, Puravankara, and Prestige Estates Projects have zoomed over 200 per cent

Realty index surges 108% from March low; DLF, Godrej Properties soar 100%
Updated On : 14 Dec 2023 | 3:03 PM IST

Puravankara consolidated net loss at Rs 17.86 crore in June quarter

Realty firm Puravankara Ltd on Friday reported a consolidated net loss of Rs 17.86 crore in the first quarter of this fiscal year on higher expenses. The company had posted a net profit of Rs 34.44 crore in the year-ago period. Total income rose to Rs 335.81 crore during the April-June period of the 2023-24 financial year from Rs 297.35 crore in the corresponding period of the previous year, according to a regulatory filing. The company's total expenses increased to Rs 362.84 crore from Rs 249.34 crore during the period under review, the Bengaluru-based firm said.

Puravankara consolidated net loss at Rs 17.86 crore in June quarter
Updated On : 11 Aug 2023 | 8:00 PM IST

Puravankara soars 13% as it records highest-ever sales value in Q1FY24

The sale's value more than doubled, zooming 119 per cent year-on-year, to Rs 1,126 crore from previous year's Q1 sales of Rs 513 crore

Puravankara soars 13% as it records highest-ever sales value in Q1FY24
Updated On : 06 Jul 2023 | 2:17 PM IST

Puravankara reports highest ever Q3 sales, revenue up 67% amounting 410 cr

Puravankara Reports Highest Ever Q3 Sales, Revenue Growth of 67 Percent Amounting to 410 Cr.

Puravankara reports highest ever Q3 sales, revenue up 67% amounting 410 cr
Updated On : 10 Feb 2023 | 7:53 PM IST

Puravankara Q3 bookings rise 20% to Rs 796 cr on higher price realisation

Realty firm Puravankara Ltd on Monday reported a 20 per cent increase in its sales bookings to Rs 796 crore for the quarter ended December, mainly on higher price realisation. In a regulatory filing, the Bengaluru-based company shared the operational update for the October-December period of 2022-23 financial year. Sales bookings stood at Rs 796 crore in the third quarter of this fiscal as against Rs 666 crore in the year-ago period. In terms of volumes, sales bookings rose 3 per cent to 1.02 million square feet from 0.99 million square feet. Price realisation increased to Rs 7,767 per square feet from Rs 6,727 per square feet. During April-December period of this fiscal, sales bookings increased to 2.79 million square feet from 2.32 million square feet in the year-ago period. Sales bookings rose 33 per cent to Rs 2,100 crore in the first nine months of this fiscal from Rs 1,576 crore in the corresponding period of this year. Price realisation increased 11 per cent to Rs 7,528 p

Puravankara Q3 bookings rise 20% to Rs 796 cr on higher price realisation
Updated On : 23 Jan 2023 | 5:43 PM IST

Realty firm Puravankara's Apr-Sept sales bookings up 43% to 1,306 crore

Bengaluru-based realty firm Puravankara Ltd's sales bookings have risen 43 per cent to a record Rs 1,306 crore during April-September period of this fiscal year on better housing demand. Its sales bookings stood at Rs 910 crore in the year-ago period. According to an operational update, the company's sales bookings in volume terms rose 32 per cent to 1.76 million square feet during the first six months of this fiscal, from 1.33 million square feet in the year-ago period. Sales realisation improved to Rs 7,421 per square feet in the April-September from Rs 6,845 per square feet in the corresponding period of the previous year. The company achieved its highest sale value of Rs 1,306 crore for the first half of any financial year since inception. Puravankara is on track for its launch pipeline of over 15 million square feet and doing necessary investments for the same. "The demand for real estate is seeing new peaks with each passing day specially with festive starting, we expect th

Realty firm Puravankara's Apr-Sept sales bookings up 43% to 1,306 crore
Updated On : 24 Oct 2022 | 5:56 PM IST

We have sold 50% of Mumbai inventory: Puravankara CEO Abhishek Kapoor

We are looking at launching about 16 million sq ft in the market and in the first phase, we will typically launch about six million

We have sold 50% of Mumbai inventory: Puravankara CEO Abhishek Kapoor
Updated On : 29 Sep 2022 | 12:59 AM IST

We expect positive momentum in realty sales in year ahead: Pavitra Shankar

'We plan to launch 8 million square feet in residential projects and 2 million square feet in commercial projects in FY23'

We expect positive momentum in realty sales in year ahead: Pavitra Shankar
Updated On : 04 Jun 2022 | 6:08 AM IST

Puravankara posts Rs 20 crore loss in Q4; income falls to Rs 320 crore

The company's net profit stood at Rs 147.06 crore for 2021-22

Puravankara posts Rs 20 crore loss in Q4; income falls to Rs 320 crore
Updated On : 27 May 2022 | 8:27 PM IST

Puravankara Q3 sales bookings jump 17% to touch Rs 666 crore

Realty firm Puravankara Ltd's sales bookings rose 17 per cent to Rs 666 crore in the third quarter of this fiscal year on the back of higher volumes as well as per square feet price realisation. According to its investors presentation, Puravankara sold 0.99 million square feet area during October-December 2021-22 as against 0.91 million square feet area in the year-ago period. The company sold 690 units in the quarter under review as against 661 units in the corresponding period of the previous year. In terms of value, the total sales bookings rose 17 per cent to Rs 666 crore in the quarter from Rs 570 crore in the year-ago period. The average sales realisation increased by 7 per cent to Rs 6,727 per square feet from Rs 6,262 per square feet. "Market consolidation and general economic development continues to enable strong sales performance; and the same is expected to continue in the near future," the company said. Puravankara said its new launches of projects are on track to ca

Puravankara Q3 sales bookings jump 17% to touch Rs 666 crore
Updated On : 21 Feb 2022 | 1:04 AM IST

Puravankara to invest Rs 1,550 cr to construct realty project in Kochi

The company's subsidiary Provident Housing Ltd will develop 3 million square feet in the project, which is spread over 18 acres, named 'Provident Winworth' at Kochi

Puravankara to invest Rs 1,550 cr to construct realty project in Kochi
Updated On : 17 Feb 2022 | 3:14 PM IST

Puravankara's sales bookings up 20% in Sep quarter to Rs 597 crore

Realty firm Puravankara Ltd's sales bookings grew by 20 per cent to Rs 597 crore during the second quarter of the fiscal on higher volumes and price realisation. In its investors presentation, the Bengaluru-based firm informed that the company's sales booking increased to Rs 597 crore during July-September quarter of 2021-22 fiscal from Rs 495 crore in the previous year. Its sales realisation went up by 11 per cent to Rs 6,556 per square feet from Rs 5,898 per square feet. In volume terms, sales bookings increased by 8 per cent to 0.91 million square feet during July-September quarter of this fiscal from 0.84 million square feet in the year-ago period. During the first six months of the fiscal, sales bookings rose 2 per cent to Rs 910 crore from Rs 893 crore in the corresponding period of the previous year. Sales volume dipped to 1.33 million square feet from 1.53 million square feet, but price realisation increased 17 per cent to Rs 6,845 from Rs 5,839 per square feet. "Despite

Puravankara's sales bookings up 20% in Sep quarter to Rs 597 crore
Updated On : 13 Nov 2021 | 5:18 PM IST

Puravankara hits pause button on warehousing JV with Morgan Stanley

Morgan Stanley is scouting for deals, signing JVs in warehousing

Puravankara hits pause button on warehousing JV with Morgan Stanley
Updated On : 11 Sep 2021 | 1:10 AM IST

Mumbai: A-list realtors queue up to enter one of world's priciest market

Increasing demand for luxe housing, accommodative state policies and decadal-low home loan rates could be some of the triggers

Mumbai: A-list realtors queue up to enter one of world's priciest market
Updated On : 23 Aug 2021 | 1:02 AM IST