Parsvnath wins bid

Thebullishtrends : Parsvnath shares are trading at Rs.378. Parsvnath Developers wins bid to develop commercial mall at Greater Noida, the estimated cost of the project to the company including land would be Rs.160 crore. The saleable are would be approximately 3.6 lac sq ft, with expected revenue over 300 crores spread over next 3 financial years which would add company to company'stopline and bottomline. Parsvnath is already developing 23 commercial projects such as shopping malls and multiplexes in the country.