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Author Topic: Enter Parsvnath Developers Ltd for long term  (Read 570 times)
Lavanay
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« on: January 06, 2008, 09:54:55 PM »


This nice script has been under performing for quite long term.  It has broken out and is hitting all time highs.  Grap this stock early.

PE ratio    35.96   04/01/08
« Last Edit: February 04, 2008, 05:28:16 AM by Lavanay » Logged
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Lavanay
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« Reply #1 on: February 04, 2008, 05:26:42 AM »
Parsvnath Developers Ltd rose 6.1 percent to 287.20 rupees after it said its unit had tied up with a unit of ITC Ltd to develop 50 hotels across India.
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dudette
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Price is What you pay- Value is what you get!
« Reply #2 on: April 29, 2008, 02:24:23 AM »
Parsvnath to build 8-10 hypermarkets

Real estate firm Parsvnath Developers said on Tuesday it will announce a joint venture with a foreign partner in June to develop hypermarkets in India, as rising incomes boost spending power in the country.

"Our focus in the first year for the joint venture will be to have 8 to 10 hypermarkets in operation, starting from North India," Parsvnath Chairman Pradeep Jain told Reuters in an interview in Singapore.

The developer, which has built 31 projects in India including malls and apartments, is also targeting second and third-tier cities like Mysore and Jaipur for new townships as populations spill out of overcrowded cities such as Bangalore and Chennai, Jain said.
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