Subsidiary receives Rs 211.53 crore residential construction order

Business Updates View source PDF Explain this filing

PURVA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹281.00

prior close

₹284.55

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-3.5% vs market

Residential Commercial Projects peers, median of 60sector-0.1%-3.0% vs sector

On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.0 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-1.0

15m

-1.6

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1+0.4-3.5-0.1-3.0

Next day

-4.1+0.6-4.7-0.3-3.8

-4.1+1.1-5.2+0.0-4.1

-3.0+0.9-3.9+0.0-3.1

-5.1+0.6-5.6-0.2-4.9

-4.3+1.6-5.9+0.8-5.0

-8.1-0.8-7.2-1.8-6.3

15d

-10.4-0.6-9.9-4.0-6.4

-11.6-2.2-9.4-3.4-8.1

-14.6-6.0-8.7-6.9-7.7

-20.8-13.1-7.7-20.0-0.8

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Puravankara's wholly owned subsidiary Starworth Infrastructure and Construction received a letter of award from SBR Builders for the main structure and finishing work at the proposed SBR Global Queen's Ville residential project. The domestic order is valued at Rs 211.53 crore. The filing states that the awarding company has no promoter or promoter-group interest and that this is not a related-party transaction. Execution timing and margins are not disclosed.

Likely market impact

The award adds work for the subsidiary and may support future revenue, but execution timing and margins are unclear.