The company declared its results on Monday, 7 November 2011 when the stock market was closed on account of Bakri-Id.

Meanwhile, the BSE Sensex was down 38.86 points, or 0.22% to 17,523.75.

On BSE, 32,000 shares were traded in the counter as against average daily volume of 9.02 lakh shares in the past one quarter.

The stock hit a high of Rs 79.80 and a low of Rs 76 so far during the day. The stock had hit a 52-week high of Rs 82.25 on 28 October 2011. The stock had hit a 52-week low of Rs 25.10 on 11 February 2011.

The stock had outperformed the market over the past one month till 4 November 2011, gaining 24.39% compared with the Sensex's 10.7% gain. The scrip had also outperformed the market in past one quarter, surging 74.86% as against 0.74% decline in the Sensex.

The mid-cap real estate developer has an equity capital of Rs 217.59 crore. Face value per share is Rs 5.

Commenting on the performance, strategy followed and future outlook, Mr. Pradeep Jain, Chairman, Parsvnath Developers said, "It has always been our forefront to manage and quickly adapt to changing market dynamics and plan our strategy, as we have followed a strategy, wherein we largely remain conservative in acquiring new land and concentrated on timely execution and delivery. In order to have timely execution and deliveries, we have been appointing reputed third party contractors on selective basis for accelerated execution. We are in this business to create value and we will always come-up to the expectations of our stakeholders and increasing the shareholders wealth. One of our commercial projects at Bhai Veer Singh Marg, in the CBD zone of New Delhi is also fast taking shape and will be ready for fit-outs in next 2 quarters".