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PURVA Puravankara News Story

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FinancialsSpeculativeMid CapMomentum Trap

India's Puravankara slips to more than 4-month low as Q4 loss widens

** Puravankara PURA.NS slips 9.5% to 240 rupees, lowest since January 23

** Real estate developer's Q4 consol loss widens to 880 mln rupees ($10.3 mln) from year-ago loss of 67.1 mln rupees

** Rev from ops falls 41% y/y

** More than 198,406 shares traded, 1.6x 30-day moving avg

** YTD, PURA sheds 38.5%

($1 = 85.4140 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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