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 recorded a high of RS. 234.40 and a low of RS. 215.35. So far, 7,474 shares have been traded.

In the last 52 weeks, the stock reached a high of RS. 565.00 on July 3, 2024, and a low of RS. 175.05 on March 13, 2024. The market capitalization of Puravankara currently stands at RS. 5,275.39 crore.

The company’s promoter holding stands at 75.00%, while institutions and non-institutions hold 18.10% and 6.91%, respectively.

In a significant move, Puravankara has acquired 37,80,000 equity shares (39.54%) of Sobha Puravankara Aviation (SPAL) from Sobha Projects and Trade. This acquisition has increased Puravankara’s shareholding in SPAL from 49.95% to 89.49%.

Sobha Puravankara Aviation operates in the chartered aircraft service industry.

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