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Historical price movement and trading activity
Today's High
209.9
Today's Low
201.72
Open
202.41
Previous Close
207.26
Volume
93813
Total Traded Value High
19364789.35
Price-based indicators and levels
| Indicator | Value | Signal |
|---|---|---|
| Relative Strength Index (RSI) | +45.65 | Neutral |
| MACD | -2.46 | Bearish |
| Period | SMA | EMA |
|---|---|---|
| 20D Moving Average | 210.69 | 210.26 |
| 50D Moving Average | 213.58 | 213.05 |
| 200D Moving Average | 216.74 | 223.74 |
21 Aug 2026
Puravankara Ltd. is up 2.28% to Rs 221.34, extending recent gains and rising 1.43% over the last week. Puravankara Limited announced that its wholly-owned subsidiary, Starworth Infrastructure & Construction Limited (SICL), has received a Letter of Intent from Red Connect Private Limited for civil and structural works on the Ritz Carlton Project in Chennai, with a contract value of Rs 1,75,00,00,000 (Indian Rupees One Hundred Seventy-Five Crores) excluding GST, and a project execution timeline of 32 months. The order, awarded by a domestic entity, does not involve any related party transactions and does not indicate any promoter or group company interest. Trading volume reached 2.87 lakh shares today, a surge of 44.3% compared to the average volume over the last one week. Puravankara Ltd. declined by 22.86% year-over-year, underperforming the 3.27% loss seen in the NIFTY50 index.
13 Jul 2026
Puravankara surged 14.64% to Rs 223.50 after the real estate developer reported a 28% year-on-year (YoY) increase in pre-sales to Rs 1,439 crore in Q1 FY27.
Customer collections climbed 40% YoY to Rs 1,199 crore during the quarter, reflecting sustained customer confidence and strong execution of delivery timelines. The sales area stood at 1.36 million square feet (msft) in Q1 FY27, up 9% compared with the corresponding quarter last year, while average realisation improved 18% YoY to Rs 10,589 per sq ft. During the quarter, Puravankara handed over 745 homes, totaling 0.94 msft. Further, the company entered into a definitive agreement with ICICI Prudential AMC for the sale of its commercial property, Purva Zentech. The transaction values the asset at an enterprise value of Rs 625.94 crore. Of the total consideration, Rs 145 crore will be received through the sale of shares of the SPV, while the balance will be realised through agreed balance sheet adjustments in accordance with the transaction structure. The company said that India's real estate sector continues to show resilience even as the broader economy navigates a more cautious growth environment. The Reserve Bank of India's June 2026 policy review kept the repo rate unchanged at 5.25%, while moderating its FY27 GDP growth forecast to 6.6% amid elevated inflation projections of 5.1%. A stable rate environment, coupled with steady office leasing demand from IT, BFSI and GCC occupiers, continues to support healthy residential absorption in the premium segment. With a robust launch pipeline, disciplined balance sheet management and increasing average price realisation reflected in Q1 FY27, the company remains confident of sustaining its growth trajectory and delivering on its FY27 guidance. Ashish Puravankara, managing director, Puravankara, said, 'Q1 FY27 marks a strong start to the year and reaffirms the resilience and depth of our business strategy. Sales value grew, and we saw a corresponding improvement in collections. The 18% YoY increase in average price realisation is a clear indication that our strategic shift towards premiumisation and well-located, high-quality developments is translating into tangible value for both our customers and shareholders. We also remained active on the business development front, announcing four land transactions during the quarter with a cumulative Gross Development Value (GDV) of Rs 5,200 crore. These additions strengthen our project pipeline and support our objective of sustaining long-term, profitable growth. With this strong start to the year, we remain firmly on track to achieve our FY 2026'27 sales guidance of Rs 11,200 crore across the Southern and Western regions, and we are confident of building on this momentum through the remainder of the year. Puravankara is engaged in the business of real estate development. On a consolidated basis, Puravankara reported net profit of Rs 113.24 crore in Q4 March 2026 as against net loss of Rs 85.82 crore in Q4 March 2025. Net sales surged 177.33% YoY to Rs 1501.92 crore in Q4 March 2026. Powered by Capital Market - Live News
29 Jun 2026
Puravankara added 2.64% to Rs 217.80 after it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated gross development value (GDV) of around Rs 1,000 crore.
The proposed residential project will have a saleable area of nearly 0.8 million square feet and is aimed at catering to the rising housing demand in the fast-growing Sarjapur corridor. With this transaction, Puravankara's total potential GDV from acquisitions and JDAs announced during the first quarter of FY27 has increased to approximately Rs 5,200 crore, further strengthening its development pipeline in Bengaluru. The company said Sarjapur remains an attractive residential micro-market due to robust end-user demand, improving infrastructure and connectivity, and limited availability of branded housing projects. It added that the asset-light JDA model enables efficient capital deployment while expanding its presence across high-growth markets. Strategically located in Kaggalipura Village, Sarjapura Hobli, the site is well-positioned for growth, with excellent connectivity via Sarjapur Road and the Outer Ring Road. It also enjoys good connectivity to the Electronic City technology corridor and other key employment hubs. The corridor has emerged as a preferred destination for IT professionals and homebuyers seeking quality housing, supported by the limited availability of organised residential projects from reputed developers. Ashish Puravankara, Managing Director, Puravankara, said, Bengaluru continues to be one of our most important growth markets, and this joint development reinforces our commitment to deepening our presence across high-potential urban corridors. As we pursue our FY27 growth agenda, our focus remains on securing quality land parcels in markets backed by infrastructure, employment density, and sustained homebuyer demand, while creating long-term value for our stakeholders.' Mallanna Sasalu, CEO, Puravankara, added, The mix of outright acquisitions and joint development agreements across key Bengaluru micro-markets reflects our calibrated growth strategy, combining scale creation with capital efficiency. The pace, scale, and quality of these additions indicate that the company is moving in the right direction and steadily strengthening its development pipeline in Bengaluru. Notably, in Q1FY27 alone, Puravankara announced four land transactions in quick succession, underlining the company's strong business development momentum and the ability to consistently add high-potential projects to its portfolio. Together, these deals span approximately 41.93 acres, with a cumulative development potential of around 4.23 msft and a total estimated GDV of Rs 5,200 crore.' Puravankara is one of India's leading real estate developers with a presence across multiple cities and a diversified portfolio spanning residential, commercial and plotted developments. On a consolidated basis, Puravankara reported net profit of Rs 113.24 crore in Q4 March 2026 as against net loss of Rs 85.82 crore in Q4 March 2025. Net sales surged 177.33% YoY to Rs 1501.92 crore in Q4 March 2026. Powered by Capital Market - Live News
17 Jun 2026
Shares of Puravankara rose 2.10% to Rs 219.25 after the real estate developer announced the acquisition of a 9.73-acre land parcel in North Bengaluru.
The company said the land parcel is located at Sanna Ammanikere in the rapidly developing airport corridor. The project has a development potential of around 0.89 million square feet and an estimated gross development value (GDV) of Rs 800 crore. Puravankara said the acquisition strengthens its presence in key Bengaluru micro-markets and supports its strategy of building a robust development pipeline through a mix of outright land purchases and partnerships. The proposed residential project will cater to growing demand for housing in North Bengaluru, a region benefiting from improving infrastructure and expanding commercial activity. The land parcel is situated in the Devanahalli growth corridor, with connectivity to Kempegowda International Airport and major employment hubs. The area is witnessing increased development driven by the expansion of technology, aerospace, logistics and commercial sectors. The region is also expected to benefit from infrastructure projects such as the Airport Metro, Satellite Town Ring Road, Aerospace Park and Airport City. The acquisition follows a series of recent land deals and joint development agreements by Puravankara across Bengaluru, including projects on Hennur Road, Mandur and Doddagubbi. Puravankara is one of India's leading real estate developers with a presence across multiple cities and a diversified portfolio spanning residential, commercial and plotted developments. On a consolidated basis, Puravankara reported net profit of Rs 113.24 crore in Q4 March 2026 as against net loss of Rs 85.82 crore in Q4 March 2025. Net sales surged 177.33% YoY to Rs 1501.92 crore in Q4 March 2026. Powered by Capital Market - Live News
1 Jun 2026
Puravankara said it has signed a joint development agreement (JDA) for an 11.23-acre land parcel in Doddagubbi, North Bengaluru.
The proposed residential apartment project will have an estimated gross development value (GDV) of around Rs 1,100 crore and a developable area of approximately 0.74 million sq ft. The development is part of Puravankara's ongoing expansion in Bengaluru's residential market, particularly in emerging micro-markets in North Bengaluru that have seen steady infrastructure-led demand growth. The company said the project aligns with its strategy of deepening presence in high-growth urban corridors through asset-light development models such as JDAs. Located in the rapidly evolving corridor of North Bengaluru, Doddagubbi enjoys strategic access to Hennur, Hebbal, Yelahanka, Manyata Tech Park and Kempegowda International Airport. The micromarket is supported by robust social and civic infrastructure, reputed educational institutions, leading healthcare facilities and strong connectivity via NH-44. The location has emerged as one of the city's most sought-after residential destinations with significant long-term growth potential. Ashish Puravankara, Managing Director, Puravankara, said, 'FY26 was a landmark year for us, with our highest-ever annual sales of Rs 7,407 crore, a 55% growth y-o-y, and a strengthened development pipeline across key micro-markets in Bengaluru and Mumbai. This joint development in North Bengaluru is aligned with our strategy of expanding in high-demand urban corridors through a calibrated and capital-efficient approach. As we work towards our FY27 sales guidance of Rs 11,200 crore, our focus remains on deepening our presence in markets with strong infrastructure, employment access and long-term demand visibility.' Mallanna Sasalu, CEO - South, Puravankara, added, 'Bengaluru continues to remain our largest and most important market, and is central to our launch momentum. In FY26, we launched Purva Silversky and Purva Northern Lights in the city, along with new phases across existing developments, reflecting sustained demand for well-located, high-quality residential offerings. Over the past year and through recent additions, we have strengthened our Bengaluru pipeline now representing over Rs. 13,800 crore of GDV.' The company reported a consolidated net profit of Rs 114.15 crore in Q4 FY26, compared with a net loss of Rs 85.50 crore in the corresponding quarter last year. Revenue from operations jumped 177.3% to Rs 1,501.92 crore in Q4 FY26 from Rs 541.57 crore in Q4 FY25. The Puravankara Group is involved in real estate development, with residential assets constituting most of its portfolio. It is present in both the premium and the affordable housing segments under the brandsurva and Provident, respectively. The group has major operations in Bangalore, with a considerable presence in Chennai, Kochi and Hyderabad, apart from Pune. Shares of Puravankara rose 0.27% to Rs 219.50 on the BSE. Powered by Capital Market - Live News
Puravankara Limited was initially incorporated as a Private Company as 'Puravankara Constructions Private Limited' on June 3, 1986. The Company's name was changed to Puravankara Projects Limited by conversion to a Public Limited on August 19, 1992 by the Registrar of Companies, Mumbai and was subsequently changed to Puravankara Limited' on January 10, 2017. The Company is engaged in Real Estate Development, Construction, of Commercial and Residential Property. The Company's operations cover Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Colombo and the United Arab Emirates (U.A.E). Also have representatives in the United Kingdom and the United States. PPL had completed many residential and commercial projects covering approximately 4.73 million sq.ft of saleable area. The network of the company expanded to Bangalore in the year 1987 and commenced its operations in Bangalore during the year 1990, also launched its first residential project. The Company was certified as an ISO 9001 compliant company by DNV in 1998. One of the company's residential projects, Purva Park was nominated as a finalist in the International Prix d'Excellence awarded by the FIABCI, Paris in the identical year of 1998. The Company launched its first affordable housing project at Chennai in 2009. Provident Housing Limited, a 100% subsidiary of Puravankara Projects Limited, launched its second affordable housing project in Bangalore, after its successful launch in Chennai. Brand Provident was launched in the fiscal year 2009-10 under the subsidiary company, Provident Housing Limited. The Company completed 36 residential and commercial projects in 2010. The Company had invested Rs 221,186,000 during Jun' 2007 in Keppel Magus Development Private Limited, holding 36.26% stake in the Company, together with Wisley Pte Ltd. - Part of Keppel Group, holding 37.74% and RSJ Developers Private Limited, holding 26%. On 9 May 2014, Company got into a Share Purchase Agreement with BMS Reality Pvt. Ltd. to sell its entire holdings together with Wisley Pte. Ltd. and RSJ Developers Private Limited, which completed the sale on 2 July 2014. Consequent to the aforesaid sale, Keppel Magus Development Private Limited, ceases to be an Associate Company. On 6 April 2015 Investment (10,000 Shares of Rs 10 /- each) in Purva Good Earth Properties Pvt. Ltd. was transferred to Provident Housing Ltd. (a Subsidiary of the Company) for a Consideration of Rs. 1,00,000 and consequently, Purva Good Earth Properties Pvt. Ltd. ceases to be a Subsidiary Company with effect from aforementioned date and became a step-down Subsidiary of the Company. Jaganmata Property Developers Private Limited, Jyothishmati Business Centers Private Limited, Vagishwari Land Developers Private Limited and Varishtha Property Developers Private Limited were incorporated wholly-owned subsidiary companies during the year 2015-16. During the year 2016-17, Purva Pine Private Limited and Purva Oak Private Limited were incorporated wholly-owned subsidiary companies. Three step down companies, Argan Properties Private Limited, Provident Meryta Private Limited and Provident Cedar Private Limited being wholly-owned subsidiaries of Provident Housing Limited, a subsidiary of the Company were incorporated during year 2016-17. During the year 2017-18, the Company acquired the entire equity share capital of IBID Home Private Limited whereby the same became a wholly owned subsidiary Company. During the year 2019-20, the Company acquired Devas Global LLP, which is now a wholly-owned subsidiary of the Company. Further, Purva Woodworks Private Limited was incorporated as a wholly-owned subsidiary of the Company during August, 2020. During the year 2020-21, the Company launched six projects -Provident Woodfield, Purva Atmosphere, Purva Aspire, Purva Emerald Bay, Purva Promenade and Purva Clermont. During the year 2021-22, six projects comprising of PalmVista, Provident Equinox, Provident Winworth, Purva South Bay, Tivoli Hills and Tree Haven were launched. The Company acquired Purva Asset Management Private Limited (formerly, MAP Capital Advisors Private Limited) as a wholly-owned subsidiary of the Company w.e.f. August 04, 2021. Vagishwari Land Developers Private Limited ceased to be a subsidiary of the Company w.e.f. June 10, 2021. Nile Developers Private Limited ceased to be a subsidiary of the Company w.e.f. November 10, 2021 and Propmart Technologies Limited became a subsidiary of the Company w.e.f. March 31, 2022. The Company was allotted 79,50,000 bonus shares by each of the wholly owned subsidiaries, Starworth Infrastructure & Construction Limited (SICL) and in Provident Housing Limited (PHL). During May 2022, the Company was allotted 47,72,047 equity shares in Bangalore Tower Private Limited, the resulting Company on account of Demerger of Keppel Puravankara Development Private Limited, the Demerged Company. The Company sold 47,72,047 equity shares held in Bangalore Tower Private Limited (BTPL), an associate of the Company on 27 June, 2022 and consequently, BTPL ceased to be an associate of the Company in June, 2022. In 2022-23, the Company launched six projects - Palm Vista, Provident Equinox, Provident Winworth, Purva South Bay, Tivoli Hills and Tree Haven across the State of Karnataka and other cities. In 2023-24, the Company launched Soukhyam, Raagam, Kensho Hills, Ecopolitan, Deansgate, Botanico, Kenvista - 1-4 tower, Purva Okashire, One Park Avenue 1, One Park Avenue 6, Provident Kevista 10, 11 and 12 across India. The projects launched by the Company in FY2024-25 include: Purva Panorama, Bayscape, Ecopolitan Phase 2, Bougainvilla, Atmosphere Pune, and Equinox 4. It has completed and handed over 2510 units measuring over 3.09 million sq. ft. real estate projects during the year. In FY 2026, the Company launched Purva Northern Lights & Purva SilverSky projects in Bengaluru, launched Purva Estrella in Mumbai and progressed One Park Avenue Tower D & Atmosphere Pune Phase I. Commenced design on the first phase of a new ~800,000 sq. ft. development at Hebbal, Bengaluru. Expanded the Mumbai redevelopment portfolio to five projects - Purva Estrella (Lokhandwala), Deccan (Pali Hill), Miami (Breach Candy), Malabar Hills and Deonar Baug (Chembur) - spanning approximately 4.38 msft of developable area and 2.67 msft of saleable area.
Financial strength and ownership structure
Market Capitalisation
₹3,876.21
Price to Book (PB)
2.17
Price to Earnings (PE)
60.76
Return on Equity (ROE)
3.23%
Earnings Per Share (EPS)
2.39
Dividend Yield
0.00%
