Parsvnath Developers gains on plan of raising Rs 1,000 crore through NCDs

23 Aug 2016 Evaluate

Parsvnath Developers is currently trading at Rs. 18.80, up by 0.05 points or 0.27% from its previous closing of Rs. 18.75 on the BSE.

The scrip opened at Rs. 18.80 and has touched a high and low of Rs. 18.95 and Rs. 18.70 respectively. So far 15550 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 30.00 on 07-Dec-2015 and a 52 week low of Rs. 14.70 on 15-Feb-2016.

Last one week high and low of the scrip stood at Rs. 20.00 and Rs. 18.00 respectively. The current market cap of the company is Rs. 818.14 crore.

The promoters holding in the company stood at 71.06%, while institutions and non-institutions held 8.09% and 20.85% respectively.

Parsvnath Developers has decided to raise up to Rs 1,000 crore through issuance of non-convertible debentures (NCDs). The company has received its board's approval at the meeting held on August 20, 2016.  In this regard, the company's annual general meeting will be held on August 29, 2016.

Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.

Parsvnath Developers Share Price

15.00 -0.08 (-0.53%)
28-Mar-2024 16:01 View Price Chart
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