Puravankara shares jump 12% on strong Q3 sales and collections growth.

Puravankara Limited shares surged over 12% following the release of robust third-quarter financial results. The rally effectively ended a five-session losing streak, driven by significant double-digit growth in both sales value and total collections. Performance gains were primarily attributed to higher price realizations and a consistent schedule of project deliveries. Strategic expansion also contributed to investor confidence, as the developer integrated new land parcels across its core geographical markets. Despite the recent price appreciation, the stock continues to trade significantly lower on a year-over-year basis. Market sentiment remains focused on the company’s ability to sustain this operational momentum amid broader sector volatility.