Puravankara shares jump 4%, extend rally to second day. Why is the realty stock rebounding?

Shares of Puravankara rose nearly 4% to ₹218 following the acquisition of redevelopment rights for three societies in Goregaon West, Mumbai, with a project potential of 1.05 million sq. ft. and a GDV of ₹2,600 crore, strengthening its market position.