MoneyWorks4Me

Puravankara soars on inking MoU with CREDAI

18 Apr 2017 Evaluate

Puravankara is currently trading at Rs. 71.50, up by 1.80 points or 2.58% from its previous closing of Rs. 69.70 on the BSE.

The scrip opened at Rs. 69.75 and has touched a high and low of Rs. 71.75 and Rs. 69.75 respectively. So far 34651 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 71.75 on 18-Apr-2017 and a 52 week low of Rs. 37.20 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 71.75 and Rs. 65.65 respectively. The current market cap of the company is Rs. 1693.25 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.78% and 7.22% respectively.

Puravankara has signed a memorandum of understanding (MoU) with the Confederation of Real Estate Developers’ Associations of India (CREDAI), extending its support to the ‘Housing for All’ by 2022 mission. CREDAI is working towards the development and construction of affordable housing.

Puravankara is a leading real estate company in India, with presence in Bengaluru, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Mumbai and Pune.

Peers
Company Name CMP
Lodha Developers 1091.60
Prestige EstatesProj 1431.10
Dilip Buildcon 407.05
DLF 634.85
Oberoi Realty 1711.25
View more..