Parswanath Developers blessed with God's project

Parsvnath Developers which has bagged a contract for constructing Sai Ashram at Shirdi in Maharashtra. The counter has been in the thick of action ahead of the company’s announcement on Monday. Though the price has moved sharply, one can not really link the rally with the latest development. The market has probably been discounting the progress that the company has achieved in some of its projects. Besides the Shirdi contract an IT park in Gurgaon and pharma SEZ in Nanded. Parsvnath Developers was the one of the top gainers, ending 8.5% up at Rs 574.2 on Monday after touching a new peak of Rs 598 intra-day. Over the past one month, it has risen by 45%. This developments zooming a better performance expecting from Parswanath.