Market Performance
Puravankara’s share price surged 8% on June 19, 2025, during the early part of the trading session.
- Current Price: ₹301.25 per share
- Gains: 8% rise intraday
- Trend: On track to break a 7-day losing streak
This rally reflects growing investor confidence following the development of a key project.
Main News: ₹272 Crore Contract Boosts Sentiment
The rally in Puravankara’s share price came after its wholly owned subsidiary, Starworth Infrastructure & Construction Ltd., secured a major construction contract.
- Project: “TRU AQUAPOLIS” residential apartment project
- Location: Varthur, Bengaluru
- Client: Tru Dwellings Private Limited
- Deal Value: ₹272 Crore
- Scope: Civil and finishing works
This win reaffirms the company’s presence in tech-enabled EPC (Engineering, Procurement, and Construction) services.
Company Details: Strategic Expansion and Strong Pipeline
Puravankara has recently initiated a joint venture with KVN Property Holdings LLP.
- Location: KIADB Hardware Park, North Bengaluru
- Land Size: 24.59 acres
- Gross Development Value (GDV): Over ₹3,300 Crore
- Saleable Area: 3.48 million sq. ft.
This joint venture (JV) strengthens the company’s footprint in one of India’s fastest-growing real estate markets.
The company also anticipates receiving occupancy certificates (OCs) for multiple projects in FY26:
- Projects: Atmosphere, Oakshire, Capella (Bengaluru), and Adora De Goa (Goa)
- Combined Saleable Area: 3.95 million sq. ft.
- Estimated GDV: ₹3,200 Crore
Financial Snapshot
Here’s a breakdown of the company’s operational metrics for FY25:
- Pre-Sales: ₹5,006 Crore
- Sales Volume: 5.67 million sq. ft.
- Sales Realization: ₹8,830/sq. ft. (YoY growth of 10%)
- Collections: ₹3,937 Crore (Up 9% YoY)
These figures underscore the company’s robust financial foundation and operational strength.
Puravankara Share Price Trend: From Correction to Recovery
- From March 2023 to June 2024, Puravankara’s share price exhibited a consistent upward trend.
- A 10-month correction phase followed.
- In May 2025, the stock regained momentum, ending the month with a 14% rally.
- June 2025 continues the trend, with a further 9% increase.
Long-Term Performance
- 3-Year Gain: +255%
- 5-Year Gain: +620%
This makes Puravankara share price one of the top long-term performers in the real estate sector.
Summary
Puravankara’s share price saw a notable jump after its subsidiary secured a ₹272 Crore residential project in Bengaluru. Backed by strong FY25 performance, a growing launch pipeline, and strategic expansion in North Bengaluru, the company continues to strengthen its market position. The positive trend in Puravankara’s share price reflects this growth momentum, making it a stock to watch in the real estate sector.
