4 Jan: Trade: Parsvnath

Actually this is trade which i made on 2nd Jan. based on news on Parsvnath.

Parsvnath is Real Estate player, somewhat in midcap/smallcap category, focussed on Northern India.

Economic times Reported that Parvnath is close to inking Deal with Mariott on 2nd Jan, 2008.

Purchace Price: Rs. 476

Profit Expectation:
  • 10% : Rs. 47
  • 20%: Rs. 94


Profit as on 4 Jan, 2008: 4%



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