Puravankara Q2 pre-sales surge 62% to Rs2,136 Cr as developer enters Delhi-NCR market
India, Oct. 13 -- Real estate companies are judged on two timelines at once. Pre-sales show how many buyers are signing up today, while revenue only arrives when the homes are handed over, often years later. What a developer buys and launches now therefore decides how busy it will be down the road, which is why investors watch land deals as closely as sales.
Shares of Puravankara Ltd. were trading at Rs. 208.00, down 0.87% from previous close of Rs. 209.83. The stock opened at Rs. 210.00 and reached an intraday high of Rs. 215.10 and low of Rs. 206.81. The company currently has a market capitalization of Rs. 4,980 crores.
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Puravankara Limited reported pre-sales of Rs. 2,136 crore in Q2 FY27, up 62% year on year from Rs. ...
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