Parsvnath Developers surges to 52-week high
Stock of construction firm, Parsvnath Developers, recorded a new 52-week high of Rs 598 after it received an order worth Rs 90 crore from Shirdi Sai Trust.
By PTI |
MUMBAI: Stock of construction firm, Parsvnath Developers, recorded a new 52-week high of Rs 598 after it received an order worth Rs 90 crore from Shirdi Sai Trust, Chennai for construction of Sai Ashram at Shirdi in Maharashtra.
Later, the scrip of the company closed 8.52 per cent up at Rs 574.20 as over 36.87 lakh shares changed hands on the Bombay Stock Exchange.
The company would construct dormitories blocks, residential blocks and an open-air theatre and restaurant block, spread over a built-up area of approximately 10 lakh square feet.
The work on the project, to be initiated this month, would be completed within 21 months from the date of commencement of construction.
Later, the scrip of the company closed 8.52 per cent up at Rs 574.20 as over 36.87 lakh shares changed hands on the Bombay Stock Exchange.
The company would construct dormitories blocks, residential blocks and an open-air theatre and restaurant block, spread over a built-up area of approximately 10 lakh square feet.
The work on the project, to be initiated this month, would be completed within 21 months from the date of commencement of construction.
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