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MARKET RESULT WATCH

Results to watch out for! IL&FS Transportation Networks

The results that are expected today are IL&FS Transportation Networks, Ashoka Buildcon, Parsvnath Developers, BGR Energy, Dredging Corporation, Endurance Technologies, Nagarjuna Fertilizers, TV Today Network, GE Power India, Gokak Textiles, Hathway Bhawani Cabletel & Datacom, India Glycols, Power Mech Projects.

Stock Commentary:

Parsvnath Developers Ltd ended at Rs 12.24, down by Rs 0.32 or 2.55% from its previous closing of Rs 12.56 on the BSE.

The scrip opened at Rs 12.58 and touched a high and low of Rs 12.58 and Rs 12.2 respectively. A total of 185245(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 532.66 crore.

The BSE group ‘B’ stock of face value Rs 5 touched a 52 week high of Rs 30 on 07-Dec-2015 and a 52 week low of Rs 10.9 on 15-Nov-2016. Last one week high and low of the scrip stood at Rs 12.8 and Rs 12.1 respectively.

The promoters holding in the company stood at 70.9 % while Institutions and Non-Institutions held 7.7 % and 21.4 % respectively.

The stock traded below its 200 DMA.

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