23 Dec 2025

Puravankara Shares Surge Over 12% on BSE Amid Strong Trading and Strategic Land Acquisition

Puravankara is currently trading at RS 270.90, registering a sharp gain of RS 30.35 or 12.62% compared to its previous close of RS 240.55 on the BSE.

The stock opened at RS 248.90 and moved between an intraday high of RS 272.00 and a low of RS 248.00. A total of 111,964 shares have been traded on the counter so far.

The BSE Group ‘B’ stock, with a face value of RS 5, has touched a 52-week high of RS 418.00 on 24-Dec-2024 and a 52-week low of RS 205.05 on 09-May-2025. Over the past week, the scrip recorded a high of RS 272.00 and a low of RS 234.00. The company’s current market capitalisation stands at RS 6,374.58 crore.

Promoters hold a majority stake of 75.00% in the company, while institutional investors and non-institutional investors own 17.71% and 7.29%, respectively.

In a key strategic move, Puravankara has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, strengthening its footprint in one of the city’s rapidly developing residential corridors. Located at Attibele Hobli, the land offers a saleable area of 6.4 million square feet with a potential gross development value exceeding RS 4,800 crore. The acquisition aligns with the company’s expansion strategy across Bengaluru micro-markets, driven by infrastructure growth, improved connectivity, and strong end-user demand.

Puravankara is one of India’s leading real estate developers, with a presence across major cities including Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai, and Pune.