Parsvnath Developers up on realty plan

DALAL STREET SPIKES

Parsvnath Developers rose 6.14 per cent to Rs 328.2 on volumes of over 15.9 lakh shares. The company had announced that it would be developing a group housing complex on a plot measuring 13,200 sq mt in Jamnagar.

The project marks the company's presence into Jamnagar. The stock has risen 12.11 per cent and at present trades at a 76 per cent discount to its lifetime high of Rs 579 recorded on November 30, 2006.