Puravankara rises as its arm bags LoI worth Rs 57.80 crore

Mumbai, May 13 (Udaipur Kiran): Puravankara is currently trading at Rs. 213.50, up by 1.90 points or 0.90% from its previous closing of Rs. 211.60 on the BSE.

The scrip opened at Rs. 208.15 and has touched a high and low of Rs. 214.35 and Rs. 208.15 respectively. So far 4063 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 338.50 on 09-Jun-2025 and a 52 week low of Rs. 160.00 on 02-Mar-2026.

Last one week high and low of the scrip stood at Rs. 244.45 and Rs. 186.50 respectively. The current market cap of the company is Rs. 5027.57 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.26% and 7.73% respectively.

Puravankara’s wholly owned subsidiary — M/s Starworth Infrastructure & Construction (SICL) has received a Letter of Intent (LoI) worth Rs 57.80 crore (plus applicable taxes, duties and levies) from Innmar Tourism and Hotels. The LoI is for the execution of civil, structure, waterproofing and allied works for Westin Hotel project – Survey No. 12,13, located beside Kundalahalli Metro Station, EPIP Area Whitefield Bangalore. The order is to be executed within 20 months.

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

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