Indian property developer Puravankara up after land parcel buy

Puravankara

03/07/2024 06:09

** Shares of India's Puravankara  PURA.NS  rise as much as
5% to hit record high 569.60 rupees 
    ** PURA last up ~3%, eyes gains for the fourth straight
session  
    ** Real estate developer said it acquired land parcel in
Bengaluru whose potential gross development value (GDV) is 9 bln
rupees ($107.8 mln) 
    ** YTD stock has soared 199% after a 103% surge in 2023 

($1 = 83.5010 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))