Puravankara Shares Rise Over 11% on Q3 Sales Growth and Project Expansion

Puravankara Ltd's shares rose over 11% following its Q3 FY26 business update reporting a 17% year-on-year increase in sales value to Rs 1,414 crore and a 22% rise in customer collections to Rs 1,140 crore. The company expanded its development pipeline by approximately Rs 13,900 crore across Bengaluru and Mumbai, including significant land acquisitions and partnerships. Average price realization improved 12%, while sales area grew 4%. Market optimism and steady execution contributed to the stock's strong performance amid mixed real estate sector sentiment.