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Parsvnath Developers trades in green on the bourses

20 Apr 2018 Evaluate

Parsvnath Developers currently trading at Rs. 14.50, up by 0.35 points or 2.47% from its previous closing of Rs. 14.15 on the BSE.

The scrip opened at Rs. 14.20 and has touched a high and low of Rs. 14.55 and Rs. 14.20 respectively. So far 3492 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 33.90 on 01-Dec-2017 and a 52 week low of Rs. 12.66 on 12-Jun-2017.

Last one week high and low of the scrip stood at Rs. 14.80 and Rs. 13.50 respectively. The current market cap of the company is Rs. 628.84 crore.

The promoters holding in the company stood at 70.47%, while Institutions and Non-Institutions held 6.09% and 23.44% respectively.

Credit rating agency, CRISIL has downgraded the rating assigned to Parsvnath Developers’ wholly owned subsidiary -- Parsvnath Landmark Developers’ Non-Convertible Debentures (NCDs) worth Rs 200 crore from ‘BB-’ to ‘B+/Stable’.

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

Peers
Company Name CMP
Lodha Developers 1116.00
Prestige EstatesProj 1458.00
Dilip Buildcon 405.50
DLF 664.00
Oberoi Realty 1825.20
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