Puravankara Projects is currently trading at Rs. 86.30, up by 3.05 points or 3.66% from its previous closing of Rs. 83.25 on the BSE.
The scrip opened at Rs. 85.55 and has touched a high and low of Rs. 89.80 and Rs. 85.50 respectively. So far 36498 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 133.90 on 11-Jul-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. 93.25 and Rs. 82.90 respectively. The current market cap of the company is Rs. 2046.60 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 21.01% and 3.99% respectively.
Realty firm Puravankara Projects has sold over 125 housing units through Google’s online shopping festival (GOSF). Over 125 homes were booked online in less than 12 hours of the offer going live, as home buyers took advantage of very lucrative offers from both the Puravankara and Provident Brands.
The GOSF campaign is on till the December 12 and the company is anticipating the interest in its homes to go up substantially over the next 3 days. Puravankara and Provident (a 100% subsidiary of Puravankara Group, into Premium Affordable Homes) are offering significant incentives to its consumers to choose from over a dozen of ready to move in projects in Bangalore, Chennai, Coimbatore & Kochi.
Puravankara Projects is a leading real estate company in India, with significant presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad, Mysore and overseas in Sri Lanka. The company has 25.52 million square feet of projects under development with additional 79.83 million square feet in projected development over the next 7-10 years.
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