Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The main sticking point is on the valuations and the quality of the sites from the point of view of steady lease rent cashflows

Puravankara’s talks with private equity investors for commercial assets flounder

Housing demand is facing some resistance in recent months due to higher cost of ownership

Puravankara sees flat QoQ sales growth in October-December

Sales bookings stood at Rs 796 crore in the third quarter of this fiscal as against Rs 666 crore in the year-ago period.

Realty firm Puravankara Q3 sales bookings up 20% to Rs 796 crore; sales up 33pc in April-December to Rs 2100 crore

Realty firm Puravankara Ltd on Monday reported a 20 per cent increase in its sales bookings to Rs 796 crore for the quarter ended December, mainly on higher price realisation.

Puravankara Q3 bookings rise 20% to Rs 796 cr on higher price realisation

Stocks to Watch: In the F&O space, Punjab National Bank (PNB) is the only stock in ban period on Tuesday.

Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara

“Puravankara and the AIF fund partly acquired the land. The biggest strength of plotted projects is clarity on the title and government-approved developments,” said Abhishek Kapoor, CEO, Puravankara.

Puravankara and Purva Real Estate Fund acquires more than 100 acres of land in Chennai

Listed residential realtors like Godrej Properties, Prestige Estates, Puravankara, Shriram Properties and Tata Realty are expected to clock sales growth of 25% on-year in FY23 and 10-15% on the high base in FY24.

5 smallcap stocks outshine bear markets, 2 of them hit new 1-year high

The exit — from 1.4 million square feet plotted development project spread over 60 acres — was at an internal rate of return of 20%. The project is at an advanced stage of completion with 80% of the houses sold out. IFC had invested Rs 157 crore in the project over the last two years.

IFC partially exits Puravankara’s Bengaluru project

Puravankara Consolidated September 2022 Net Sales at Rs 239.48 crore, down 6.28% Y-o-Y

Abhishek Kapoor, CEO of, Puravankara talks about good Q2FY23 results and outlook for the second half of the year. Listen in.


#abhishekkapoor #puravankara #q2fy23results #q2 #cnbctv18
#businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday  

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Abhishek Kapoor Talks About Puravankara's Q2FY23 Results & Way Ahead | Chartbusters | CNBC-TV18

Puravankara Projects Limited is a real estate company engaged in the development and construction of residential and commercial properties.

Puravankara Ltd