Puravankara Experiences Significant Intraday Gains Amid Broader Market Surge

Puravankara, a midcap player in the construction and real estate sector, has shown significant activity today, gaining 7.81% as of May 12, 2025. The stock opened with a notable gap up of 5.28% and reached an intraday high of Rs 241.55, reflecting a 10% increase. Over the past two days, Puravankara has demonstrated a consecutive gain, accumulating a total return of 8.92%.
In terms of volatility, the stock experienced high fluctuations today, with an intraday volatility of 35.13%. Its performance metrics indicate that it has outperformed its sector, which gained 2.48%, by 4.7%. While Puravankara's moving averages are currently higher than the 5-day and 20-day averages, they remain below the 50-day, 100-day, and 200-day averages.

In the broader market context, the Sensex has risen sharply, climbing 1,349.33 points higher at the opening and further increasing by 560.38 points to reach 81,364.18. This positive momentum in the market contrasts with Puravankara's longer-term performance, which shows a decline of 35.16% over the past year.