Puravankara Limited reported a net loss of ₹92.64 crore in Q3 FY25, with revenue dropping 43% to ₹334 crore due to higher expenses and lower handovers. However, customer collections and average price realization showed positive growth.
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
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