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PURVA Puravankara News Story

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FinancialsSpeculativeMid CapMomentum Trap

India's Puravankara jumps on quarterly profit versus loss a year ago

** Shares of Puravankara PURA.NS rise 12.9% to 240.9 rupees; highest intraday pct rise since April 2024

** Shares reach highest level in over a month

** Real estate developer's posts March-qtr profit of 1.14 billion rupees compared to a loss of 855 million rupees a year ago

** Co's rev from ops nearly triples to 15.02 billion rupees

** More than 3.2 million shares change hands vs 30-day average of 1.3 million shares

** YTD, stock up 0.6%

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))

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