PURVA

Jan 15 (Reuters) - Puravankara Ltd PURA.NS:

• ABHISHEK KAPOOR RESIGNS AS GROUP CFO EFFECTIVE 15TH JANUARY 2025

Source text: ID:nBSE6BKzzz

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Jan 13 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA - Q3FY25 PRE-SALES AT 12.65 BILLION RUPEES, COLLECTIONS UP 6% Y-O-Y

• PURAVANKARA - TO CATCH UP WITH LAUNCH PIPELINE OF 15.7 MILLION SQ FT BETWEEN Q4FY25-Q1FY26

Source text: ID:nBSE207pFl

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Jan 9 (Reuters) - Puravankara Ltd PURA.NS:

• EXPANDS LAND PORTFOLIO WITH STRATEGIC ACQUISITION IN KANAKAPURA ROAD

• ESTIMATED GROSS DEVELOPMENT VALUE OF 7 BILLION RUPEES

Source text: ID:nBSE5m49Pl

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Dec 26 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - RECEIVES ADMINISTRATIVE WARNING FROM SEBI

• PURAVANKARA LTD - NO IMPACT ON FINANCIAL OR OPERATIONAL ACTIVITIES

Source text: ID:nBSE3yG9V3

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Nov 22 (Reuters) - Puravankara Ltd PURA.NS:

• PROVIDENT HOUSING WILL LAUNCH RESIDENTIAL PROJECT PROVIDENT BAYSCAPE IN CHENNAI

Source text: ID:nBSE2xsrX8

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** Shares of Puravankara PURA.NS fall exchange-allowed 5% to 400.45 rupees

** Real estate co's Sept-qtr consol net loss widens by 50% to 167.8 million rupees (~$2 million)

** PURA set for third straight session of losses

** Stock up ~114% vs a 8% and ~16% rise in rivals DLF DLF.NS and Macrotech Developers MACE.NS, respectively

($1 = 84.3580 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Nov 8 (Reuters) - Puravankara Ltd PURA.NS:

• INDIA'S PURAVANKARA LTD SEPT-QUARTER CONSOL NET LOSS 167.8 MILLION RUPEES

Source text: [ID:]

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Oct 10 (Reuters) - Puravankara Ltd PURA.NS:

• Q2 CUSTOMER COLLECTIONS UP BY 18% Y-O-Y

• Q2FY25 SALES VALUE UP BY 18% Q/Q

Source text for Eikon: ID:nBSE6NGdVK

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Oct 7 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA - ACQUISITION OF LAND PARCEL AT BANGALORE FOR DEVELOPING RESIDENTIAL PROJECT

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Sept 12 (Reuters) - Puravankara Ltd PURA.NS:

• GETS REDEVELOPMENT RIGHTS OF MIAMI APARTMENTS AT BREACH CANDY, MUMBAI

• EXPANDS ITS REDEVELOPMENT PORTFOLIO IN MUMBAI

• SIGNS JOINT DEVELOPMENT AGREEMENT FOR 1.95-ACRE LAND PARCEL IN BENGALURU

Source text for Eikon: ID:nNSE57LCtH

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(Reporting by VijayDattaram Malkar)

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July 12 (Reuters) - Puravankara Ltd PURA.NS:

• Q1 COLLECTIONS GROW 39% Y/Y

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** 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)

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July 2 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD- ACQUIRES 7-ACRE LAND PARCEL IN HEBBAGODI, BENGALURU

• PURAVANKARA LTD- POTENTIAL GDV OF 9 BILLION RUPEES

Source text for Eikon: ID:nBSE1Qpg19

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** Shares of Puravankara PURA.NS hit upper circuit, rising 5% to 395.85 rupees

** Real estate developer says its unit got an investment of 11.5 bln rupees ($138 mln) from HDFC Capital

** PURA stock also hit upper circuit on Wednesday on getting a $240 mln project

** Stock up 11.4% so far this week, on track for fourth straight weekly gain

($1 = 83.3456 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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** Shares of Indian real estate developer Puravankara PURA.NS up 5% to hit upper limit of exchange-imposed trading band

** Co said it was appointed as preferred developer for Pali Hill redevelopment project in Mumbai, whose gross development value potentially over 20 billion rupees ($240.2 million)

** Stock on track for fourth consecutive session of gains

** YTD stock has jumped ~102% after gaining ~103% in 2023

($1 = 83.2800 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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April 23 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - SELECTED AS PREFERRED DEVELOPER FOR REDEVELOPING A RESIDENTIAL HOUSING SOCIETY IN MUMBAI

Source text for Eikon: ID:nBSE3WzF0K

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** Shares of real-estate developer Puravankara PURA.NS up 18.5% to 291.70 rupees

** Reuters could not immediately ascertain a reason for stock move

** Stock touches highest level since May 2008; on track for third straight session of gains

** PURA gained ~16% last week, its biggest weekly gains since Sept. 2023; recorded its highest annual and quarterly sales

** Separately, PURA acquired shares worth 410,000 rupees ($4,928.42) in unit on Monday

** Stock has been trading above 200-day moving average since June 2023; day's trading volume more than 8.7x the 30-day avg

** With day's gains, PURA up 56% YTD, outpacing 22% gain in Nifty Realty index .NIFTYREAL

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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** Shares of real estate developer Puravankara Ltd PURA.NS rise as much as 6% to 244.80 rupees

** Co says it recorded its highest annual and quarterly sales; FY24 sales up 90% Y/Y and Q4 sales up by 93% Y/Y

** Says its avg price realisation increased by 2% to 7,916 rupees/sft during FY24

** Stock trading above its 200-day simple moving avg since June 14, 2023

** More than 273,000 shares traded, more than half of their 30-day moving avg

** PURA stock up 27% YTD; Nifty realty index .NIFTYREAL up 18.5% YTD

(Reporting by Meenakshi Maidas in Bengaluru)

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** Shares of Puravankara PURA.NS rise as much as 13% to 249.4 rupees, highest since May 23, 2008

** Real-estate developer's Q3 consol net profit rises more than three-fold to 777.9 mln rupees ($9.4 mln), rev from ops up 46% Y/Y

** Co posts profit after two consecutive quarters of loss

** PURA trading above its 100-day and 200-day simple moving averages since June

** Stock gained over 103% in 2023 vs an 81% rise in the Nifty Realty Index .NIFTYREAL

($1 = 83.1450 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Jan 23 (Reuters) - Puravankara Ltd PURA.NS:

• DIVIDEND 6.3 RUPEES PER SHARE

• DEC-QUARTER CONSOL NET PROFIT 777.9 MILLION RUPEES VERSUS PROFIT 225.5 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.74 BILLION RUPEES VERSUS 3.92 BILLION RUPEES

Source text for Eikon: [ID:]

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Jan 10 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - SALES VALUE FOR Q3FY24 UP BY 56% Y/Y

• PURAVANKARA LTD - CUSTOMER COLLECTIONS FROM REAL ESTATE BUSINESS IN Q3 UP 52% Y/Y

Source text for Eikon: ID:nBSE1MYwkd

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By Aby Jose Koilparambil

Nov 6 (Reuters) - More developers in India are putting electric vehicle chargers in parking slots of new developments, hoping to boost the value of the property and attract more buyers in a country where the charging infrastructure can't keep up with soaring EV sales.

While EVs accounted for just 2.4% of India's vehicle sales in the first half of this year, EV sales grew 137% to 48,000 units during the same period, research firm Canalys says.

The world's most populous nation is aiming to make EVs account for a third of total vehicle sales by 2030, but scarcity of public charging stations could derail these ambitions.

Currently, there are 435 EVs for every public charging station nationwide, according to power ministry data, in contrast to the United States, which has 26 EVs per charger, data from the Alliance for Automotive Innovation shows.

For now, property developers including Sobha SOBH.NS, and property management firm Prestige PREG.NS, are using this shortage to their advantage, betting that EV chargers in residential properties will make clients pay a premium for units like swimming pools used to in the past.

"People considering purchasing EVs want assurance that they will have access to charging facilities within the residential complex," said Javed Shafiq Rao, senior vice president and head of property management at Prestige, which is investing more in properties with EV chargers.

Sobha has gone a step further and launched two residential projects in Bengaluru with EV charging facilities in all available parking slots.

Other developers betting on the trend include Mahindra Lifespace MALD.NS, Kolte-Patil KOLT.NS, Brigade BRIG.NS and DLF DLF.NS.

To be sure, Indian authorities are encouraging installation of charging infrastructure, and each state has its own guidelines: Delhi, for example, requires 20% of parking spots to be reserved for EVs, while Uttar Pradesh, which has the most EV registrations, mandates all new housing complexes above 5,000 square metres to have at least one EV charging unit.

"No matter how fast public charging is, you need to go there, stop there to get the charging done, while in home-charging, you plug it in and your EV is fully charged overnight," said Ravneet Phokela, Chief Business Officer of energy firm Ather Energy.

India is expected to see sales of more than 10 million EVs a year by 2030, rising more than ten folds from last fiscal year, according to the recent annual Economic Survey.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Dhanya Skariachan, Miyoung Kim and Miral Fahmy)

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Oct 10 (Reuters) - Puravankara Ltd PURA.NS:

• CUSTOMER COLLECTIONS FROM REAL ESTATE BUSINESS INCREASED TO 8.79 BILLION RUPEES IN Q2FY24; JUMP OF 70% YOY

• Q2 SALES VALUE OF 16 BILLION RUPEES, UP 102% YOY

Source text for Eikon: ID:nBSE5rDvDP

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** Shares of real estate developer Puravankara PURA.NS fall 5.7% to 120.45 rupees

** Co on Friday said India's Income Tax Department is carrying out search at its office and other premises

** Adds, co is extending full co-operation to officials

** Stock pares losses to 2.7% as of 09:43 a.m IST; YTD gains decline to 35.3%

(Reporting by Varun Vyas in Bengaluru)

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Oct 6 (Reuters) - Puravankara Ltd PURA.NS:

• PURAVANKARA LTD - SEARCH BY INCOME TAX DEPARTMENT IS BEING CARRIED OUT AT REGISTERED OFFICE AND OTHER PREMISES OF CO

Source text for Eikon: ID:nBSEbKcFHT

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** Shares of real estate development co Puravankara PURA.NS fall as much as 4.8% to 122.10 rupees

** India's Income Tax department conducted raids at nearly 40 premises of co in multiple cities, news agency ANI reported on Wednesday citing sources

** Neither PURA nor the IT department responded immediately to Reuters' request for confirmation of the news

** Over 2.7 mln shares change hands as of 03:21 p.m. IST, 3.0x the 30-day moving avg

** Including day's move, stock up ~34% YTD

(Reporting by Kashish Tandon in Bengaluru)

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Sept 5 (Reuters) - Puravankara Ltd PURA.NS:

• CEO ABHISHEK KAPOOR HAS BEEN ELEVATED TO POSITION OF GROUP CEO OF CO

Source text for Eikon: ID:nBSE5RdpyF

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** Shares of Puravankara Ltd PURA.NS rise as much as 10.3% to 104.1 rupees, logs biggest pct gain since Dec. 6

** Real estate development co reported on Thursday it achieved sale value 11.26 billion rupees ($136.62 million) in Q1FY24, up 119% Y/Y

** Additionally, average price realization increased by 11% to 8,277 rupees/sft during the qtr

** If trend holds, co on track for second consecutive session of gains

** More than 966,873 shares change hands by 11:25 a.m. IST vs 2.6x 30-day avg of 370,680 shares

** Stock up 2.7% this year, up to last close

($1 = 82.4200 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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May 26 (Reuters) - Puravankara Ltd PURA.NS:

• INDIA'S PURAVANKARA LTD MARCH-QUARTER CONSOL NET PROFIT 267.5 MILLION RUPEES VERSUS LOSS 200.6 MILLION RUPEES

• PURAVANKARA LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.89 BILLION RUPEES VERSUS 2.96 BILLION RUPEES

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