PURVA.NSE Puravankara Ltd.
73
| Market Cap | 93.05B |
| 52-Wk High | 429.00 |
| 52-Wk Low | 77.85 |
Provident Housing secures Rs 1,150-crore investment from HDFC CapitalMoneycontrol • 12 days ago
This will add to the ongoing 14.8 msf of projects with a combined gross development value of RS 17,100 crore
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The project has a cumulative estimated development potential of 4.10 lakh sq ft carpet, with over ~2.15 lakh square feet available for sale.
In FY24, Puravankara's sales increased by 90 percent on year to Rs 5,914 crore and rose 93 percent to Rs 1,947 crore in the March quarter
This comes at a time when homebuyers continue to pay high home loan interest rates for delayed projects, following the Reserve Bank of India’s (RBI) pause in rate hikes at 6.50 percent.
The strong quarterly business updates ushered confidence among investors of the company reporting a stellar set of earnings for Q3.