Puravankara

Puravankara stock rises 3% as arm launches residential project in Chennai

The rise in Puravankara scrip came after the company announced that its arm, Provident Housing Limited, will launch its latest residential project, Provident Bayscape, in Chennai, on Saturday, Nov 23

Puravankara bookings fall 17% to Rs 1,331 cr despite strong housing demand

Realty firm Puravankara Ltd's sale bookings fell 17 per cent to Rs 1,331 crore in the second quarter of this fiscal year despite strong housing demand. Its sale bookings stood at Rs 1,600 crore in the year-ago period. The company sold properties worth Rs 2,459 crore during the first six months of this fiscal year, down from Rs 2,725 crore in the corresponding period of the previous year. "In Q2FY25, we have achieved collections of Rs 1,033 crore and pre-sales of Rs 1,331 crore mostly from sustenance sales. Our performance continues to reflect robust housing demand across key markets, driven by our strategic focus on customer-centric offerings and operational efficiencies," Ashish Puravankara, Managing Director of Puravankara Ltd, said. In the first half of the fiscal, he said the company witnessed sustained traction across its portfolio and continued to replenish land bank by acquiring over 5.75 million square feet of saleable area in Mumbai, Bengaluru and Goa with a total potentia

Here's why Puravankara share price hit 5% upper circuit on Sept 13; details

The stock's rally was fuelled by the company's announcement of securing redevelopment rights of Miami Apartments at Breach Candy, South Mumbai.

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

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

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

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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

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

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

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

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 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 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 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

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

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 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'

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 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 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