With a market of Rs. 2,574.26 crores, Purvankara Limited is a small-cap company engaged in the real estate industry. Purvankar Limited is one of the leading real estate firms in India, headquartered in Bengaluru. With branches in Bengaluru, Hyderabad, Chennai, Kochi, Coimbatore, Mangaluru, Kolkata, Mumbai, Pune, and Goa as well as GCC and Sri Lanka, Puravankara is currently present across India. Existing shareholders and potential investors should be informed of the record date announced by the Board of Directors for the purpose of 100% dividend.
The Board of Directors of the company in a regulatory filing stated that “The record date for the purpose of payment of final dividend has been fixed as September 16, 2022, at Rs.5/- (Rupees five only) (100% of the payout)-up value. ) per equity share to the shareholders, if declared, the 36th Annual General Meeting (‘AGM’) of Purvankar Limited will be held on Tuesday, the 27th September, 2022.”
Shares of Purvankar Limited closed on Friday 108 each, up 4.20% from the previous close 103.65. The dividend yield comes to 4.62% at the current market price. In the last 1 year, the stock has fallen 6.17% and on YTD basis, the stock has fallen 22.44% so far in 2022. The stock has gained 1.12% over the past six months and 8.22% in the past month. On NSE, the stock had touched a 52-week high 52-week low of 166.50 and (09-Nov-2021) 78.05 (20-Jun-2022) indicates that the stock is trading below the 35.13% high and above the 38.37% low at the current market price. For the quarter ended June 2022, the company recorded a promoter holding of 75.00%, which is much higher than its renowned peers such as Brigade Enterprises, Prestige Estates, Phoenix Mills, Oberoi Realty and Godrej Properties Ltd. At the current market price, the stock is trading above the 5 day, 10 day, 20 day, 50 day, 100 day and 200 day Exponential Moving Average (EMA).
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.