Puravankara is currently trading at RS. 233.00, up by 9.30 points or 4.16% from its previous closing of RS. 223.70 on the BSE.

The stock opened at RS. 220.05 and reached a high of RS. 234.40 and a low of RS. 215.35 during the session. So far, 7,474 shares have been traded.

The BSE group 'B' stock, with a face value of RS. 5, hit a 52-week high of RS. 565.00 on July 3, 2024, and a 52-week low of RS. 175.05 on March 13, 2024. In the past week, it has traded between RS. 258.80 and RS. 215.35. The company’s current market capitalization stands at RS. 5,275.39 crore.

Promoters hold 75.00% of the company, while institutional and non-institutional investors hold 18.10% and 6.91%, respectively.

In a strategic move, Puravankara has acquired 37,80,000 equity shares (39.54%) of Sobha Puravankara Aviation (SPAL) from Sobha Projects and Trade, increasing its shareholding in SPAL from 49.95% to 89.49%.

SPAL operates in the chartered aircraft service sector.

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