Puravankara Projects is currently trading at Rs. 104.25, up by 1.45 points or 1.41% from its previous closing of Rs. 102.80 on the BSE.
The scrip opened at Rs. 104.00 and has touched a high and low of Rs. 106.65 and Rs. 103.00 respectively. So far 20962 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 106.65 on 18-Jun-2014 and a 52 week low of Rs. 50.00 on 03-Mar-2014.
Last one week high and low of the scrip stood at Rs. 106.65 and Rs. 94.15 respectively. The current market cap of the company is Rs. 2471.10 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 20.20% and 4.80% respectively.
Puravankara Projects is all set to launch a theme-based villa project on Bannerghatta Road in Bangalore called ‘The Sound of Water’. The self-contained city coming up over 20 acres has 209 villas ranging between 3009 sq. ft. and 4723 sq. ft., with an approximate base price of Rs 1.92 crore to Rs 4.15 crore respectively.
Puravankara Projects has a presence in Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and in the United Arab Emirates, Kingdom of Saudi Arabia and Sri Lanka.
The mid-segment focussed housing company currently has over 10.05 million square feet of projects launched across Bangalore, Chennai and Mangalore, with an additional 10.32 million square feet slated for launch this fiscal year.
