Puravankara Projects rises as its arm plan to launch premium affordable homes

10 Jul 2013 Evaluate

Puravankara Projects is currently trading at Rs. 80.25, up by 1.70 points or 2.16% from its previous closing of Rs. 78.55 on the BSE.

The scrip opened at Rs. 78.10 and has touched a high and low of Rs. 82.50 and Rs. 78.10 respectively. So far 15386 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 122.80 on 18-Jan-2013 and a 52 week low of Rs. 58.20 on 31-Aug-2012.

Last one week high and low of the scrip stood at Rs. 83.15 and Rs. 77.00 respectively. The current market cap of the company is Rs. 1916.17 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 20.83% and 4.17% respectively. Puravankara Projects’ wholly-owned subsidiary- Provident Housing is set to launch 'premium affordable' homes in Coimbatore. The innovative residential project will be located at Selvapuram, Off Perum Main Road, near RS Puram, in the vicinity of the city center. The property named Provident 'Greenpark' in a tribute to its verdant surrounds, endows its apartments with tranquil views, amid the bustle of the city.

This 560 unit project, spread over 5.84 lakh square feet of greenery, equipped with modern attendant amenities such as swimming pool, clubhouse, gymnasium, supermarket, crèche, children's play area, jogging track, billiards room et al., is the epitome of stunning features and views. The Provident proposition comes to Coimbatore following its success in Bangalore and Chennai. The company is embarking on similar initiatives across major cities in the country.

Provident Greenpark entails 1 bedroom units of 542 square feet, priced Rs. 17.29 lakh onwards, 2 bedroom units of 886 square feet, priced Rs. 28.87 lakh onwards and 3 bedroom units of 1208 square feet, priced Rs. 38.82 lakhs onwards.

Puravankara Share Price

406.05 -6.45 (-1.56%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 469.30
Macrotech Developers 1400.75
NBCC (India) 94.44
Phoenix Mills 1591.75
Ahluwalia Contract(I 1042.70
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.