Bengaluru, Jan. 30 -- The shares of a small-cap real estate stock hit a 5% upper circuit in today's trading session after announcing the launch of its newest landmark project in Pune.

Share Price Movement

The shares of Puravankara Ltd with a market capitalization of Rs 6,776.55 Crores, hit a 5% upper circuit at around Rs 285.75 per share higher than the previous close of Rs 272.15. The shares generated a return of 9.7% the past year, and in the past 5 years, it generated a return of 370.4%.

About the project

Puravankara Limited has launched its new project, Purva Atmosphere, in Keshav Nagar, Pune, spanning 10 acres with 70% open spaces. The development includes two 30-story towers offering 240 units of 2 BHK and 180 units of 3 BHK apa...