Parsvnath Developers puts Delhi plot on sale; stock up 2.5%

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Parsvnath Developers puts Delhi plot on sale; stock up 2.5%

Parsvnath Developers has put Lutyens' Delhi plot on sale. The company expects to raise USD 130-140 million from sale, reports CNBC-TV18, quoting agencies

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Parsvnath Developers has put Lutyens' Delhi plot on sale. The company expects to raise USD 130-140 million from sale, reports CNBC-TV18, quoting agencies.

At 11:39 hrs the share was quoting at Rs 53.85, up Rs 1.35, or 2.57%. The share touched an intraday high of Rs 55.70 and an intraday low of Rs 51.80.
 
It was trading with volumes of 473,740 shares. In the previous trading session, the share closed up 2.84% or Rs 1.45 at Rs 52.50.

The company's trailing 12-month (TTM) EPS was at Rs 1.73 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 31.13. The latest book value of the company is Rs 58.80 per share. At current value, the price-to-book value of the company was 0.92.