NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Report
Puravankara Ltd. closed the year with best ever annual presales of Rs 59.14 billion (84% YoY) guided by the launch of 9 msf projects in FY24. Company collected Rs 39.48 billion (47.3% YoY) in FY24. Purvankara acquired two marquee projects in Mumbai under redevelopment space.
Pali Hill and Lokhandwala with gross development value of Rs 21.5 billion and Rs 15 billion respectively. Additionally, Provident has secured Rs 11.5 billion funding from HDFC Capital to develop a platform which will acquire projects with a total GDV of Rs 171 billion.
Company plans to launch 7.28 msf projects with the GDV of Rs 74.43 billion and which are expected to generate surplus of Rs 26.96 billion from the existing pipeline additionally, the company intends to add some new projects to it.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
