India's Puravankara hits over 15-year high as quarterly sales surge

Puravankara

10/01/2024 05:05

** Shares of real-estate developer Puravankara  PURA.NS 
rise as much as 10.6% to 244.1 rupees, their highest level since
May 2008 
    ** Co said its Q3 sales value rose 56% year-on-year, while
customer collections increased by 52%
    ** PURA stock up ~27% in Jan so far, on track for its 10th
monthly gain 
    ** Stock rose ~103% in 2023, compared with an ~81% gain in
the Nifty Realty Index  .NIFTYREAL  

 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))