Realty developer Parsvnath Developers lost 5.8% to Rs 152.80 after the company reported 17% fall in net profit to Rs 108.87 crore in Q4 March 2008 over Q4 March 2007.
The company announced the results during trading hours today,
The stock hit low of Rs 151.70 so far during the day, which is a lifetime low for the counter. The stock had a 52-week high of Rs 598 on
The company has an equity capital of Rs 184.70 crore. Face value per share is Rs 10.
The current price of Rs 152.80 discounts its Q3 December 2007 annualised EPS of Rs 24.83, by a PE multiple of 6.15.
Parsvnath Developers’ total Income rose 31% to Rs 540.21 crore in Q4 March 2008 over Q4 March 2007.
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