Company Overview and News
Bengaluru: With low-income homes not fetching enough margins and luxury homes not finding enough takers, builders have found a sweet spot in middle-income housing projects, where buyers are willing to put up Rs25-50 lakh for a home of their own.
10:00 am Listing: Indian Energy Exchange opened sharply lower at Rs 1,500, falling 9 percent against issue of Rs 1,650 per share. (28-0)
Puravankara Projects plans to build 4-4.5 million sq. ft of commercial office space over the next few years and monetize non-core land parcels to reduce debt
The board of Puravankara (formerly Puravankara Projects) on Tuesday approved an enabling resolution to exit from the investment of ₹403 crore at Raidurg, Panamaktha village.
Sun Pharma | Maruti Suzuki | Redington | Sasken Communications | Voltamp Transformers | Strides Arcolab | JK Paper | Edelweiss Financial | Tata Metaliks | Hinduja Ventures | Suzlon Energy | Mahindra & Mahindra Financial and Hinduja Ventures are stocks, which are in the news today.
The company's Q2 (August-September) net profit rose 55.9 percent at Rs 42.1 crore versus Rs 27 crore, in the same quarter last fiscal.
Puravankara Projects reported a 56.17 per cent rise in Q2 profit at ₹42.12 crore, against ₹26.97 crore in the same period last year. Revenues were 10.94 per cent lower at ₹377.53 crore (₹423.94 crore).
Puravankara Projects informed the exchange that the company's consolidated net profit (PAT) increased by 41% to Rs 42.12 crore in Q2 FY17 as compared to Rs 26.97 crore in Q2 FY16.
GOL Offshore, Electrosteel Steels, NLC India, Jindal Steel & Power, MMTC, Seamec, Puravankara Projects and SAIL will announce their Q2 and half-year results on Thursday. Besides, the board of Banco Products (I) will meet to consider a buyback proposal. Jyothy Laboratories will consider a proposal to raise funds through issuance of new non-convertible debt securities on private placement basis. Analysts will follow the developements closely.
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton