Winsome Textile Industries Ltd, Parsvnath Developers Ltd, Electrotherm (India) Ltd and Aarvee Denims & Exports Ltd are among the other losers in the BSE’s ‘B’ group today, 08 March 2023.

Creative Eye Ltd leads losers in ‘B’ group

Parsvnath Developers will be among the stocks in focus as it will declare its December quarter earnings today.

Stocks to Watch: HUL, IndiGo, Sun Pharma, RIL, Adani Group, GAIL

Delhi-based Unity Group has formed a joint development agreement with Parsvnath Developers to develop 450,000 square feet of retail area with an investment of ₹200 crore, said Unity Group co-founder Harsh V Bansal.

Unity, Parsvnath to develop mall in Delhi

Rajdarshan Industries Ltd, Parsvnath Developers Ltd, Usha Martin Education & Solutions Ltd and Kanani Industries Ltd are among the other losers in the BSE’s ‘B’ group today, 21 July 2022.

Earum Pharmaceuticals Ltd leads losers in ‘B’ group

Sebi found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors

Parsvnath barred from investing in securities market for six months

Also imposes fine of ₹15 lakh for flouting accounting standards

SEBI bans Parsvnath Developers from securities market for 6 months

SEBI found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors and also failed to strictly comply with Accounting Standards 7 or AS 7, which deals with construction contracts.

SEBI bans Parsvnath Developers from securities mkt; imposes penalty of Rs 15 lakh

SEBI has barred Parsvnath Developers Ltd. from the securities market for six months and imposed a penalty of Rs 15 lakh for flouting listing rules.

SEBI Bans Parsvnath Developers From Securities Market For Six Months

Sebi found that Parsvnath Developers Ltd (PDL) failed to make provision for the outstanding amount in ledger accounts of contractors and sub-contractors and also failed to strictly comply with Accounting Standards 7 or AS 7, which deals with construction contracts.

Sebi bans Parsvnath Developers from securities mkt for 6 months; fines Rs 15 lakh

Parsvnath Developers reports consolidated net loss of Rs 259.48 crore in the March 2022 quarter

The company is developing Parsvnath Royale Panchkula, Haryana, a unique residential project.

Parsvnath Developers re-launches Parsvnath Royale Panchkula project in Haryana

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Parsvnath Developers Limited is engaged in the business of real estate development and sale of residential and commercial properties.