Puravankara share price has zoomed 5% and is presently trading at Rs 375.3.
Meanwhile, the BSE REALTY index is at 8,001.1 (down 0.4%).
Among the top gainers in the BSE REALTY index today are Phoenix Mill (up 0.9%) and Brigade Enterprises (up 0.7%).
PRESTIGE ESTATES (down 3.8%) and SUNTECK REALTY (down 2.0%) are among the top losers today.
Over the last one year, Puravankara has moved up from Rs 162.2 to Rs 375.3, registering a gain of Rs 213.1 (up 131.4%).
On the other hand, the BSE REALTY index has moved up from 5,597.5 to 8,001.1, registering a gain of 42.9% during the last 12 months.
The top gainers among the BSE REALTY index stocks during this same period were Sobha (up 87.0%), PRESTIGE ESTATES (up 71.1%) and Brigade Enterprises (up 57.3%).
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The BSE Sensex is at 79,975.8 .
The top losers among the BSE Sensex today are Bharti Airtel (down 1.0%) and Indusind Bank (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,186.5 . Cipla and Bharti Airtel are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,975.8, registering a gain of 13,801.6 points (up 20.9%).
Puravankara net profit fell 169.2% YoY to Rs -249 million for the quarter ended September 2024, compared to a loss of Rs 93 million a year ago. Net sales rose 34.5% to Rs 4,955 million during the period as against Rs 3,683 million in July-September 2023.
For the year ended March 2024, Puravankara reported 36.9% decrease in net profit to Rs 420 million compared to net profit of Rs 665 million during FY23. Revenue of the company grew 76.8% to Rs 21,853 million during FY24.
The current Price to earnings ratio of Puravankara, based on rolling 12 month earnings, stands at 137.0.
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