Puravankara is currently trading at Rs. 99.35, up by 1.50 points or 1.53% from its previous closing of Rs. 97.85 on the BSE.
The scrip opened at Rs. 98.20 and has touched a high and low of Rs. 100.00 and Rs. 97.80 respectively. So far 19339 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 182.00 on 22-Dec-2017 and a 52 week low of Rs. 69.00 on 22-Aug-2017.
Last one week high and low of the scrip stood at Rs. 101.35 and Rs. 94.50 respectively. The current market cap of the company is Rs. 2351.34 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.61% and 8.39% respectively.
Puravankara has acquired stake in Devas Global Services LLP. The entity has not conducted any business operation in the preceding 3 years. The percentage of shareholding is 99.99% along with provident housing, a wholly owned subsidiary, holding 0.0099% contribution.
The objective of the acquisition is to consolidate the real estate assets and liabilities. The cost of acquisition is Rs 9,99,990.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
