Ambareesh Baliga, Market Expert is upbeat on Brigade Enterprise, Purvankara Projects, Sobha Developers in realty space.
Reliance Capital and Purvankara posted their results today. While Reliance Capital made a profit of over Rs 400 crore including the sale of 26 percent of its asset management company, Purvankara Projects‘ consolidated net profit jumped 89.4 percent to Rs 50.2 crore from Rs 26.5 crore in a year ago period.
Ramky Infrastructure has received orders worth Rs 1,006 crore across buildings, industrial, water and waste water, road and power sectors from various states in India.