Parsvnath Developers receives IT SEZ approval in Indore

Parsvnath Developers Ltd has announced that the Department of Commerce, Ministry of Commerce and Industry, Government of India, vide its Notification dated July 26, 2007, has notified the area measuring 30.981 hectares for the purpose of setting-up a sector specific Special Economic Zone for Information Technology and Information Technology Enabled Services (situated at village Lasudia Parmar, Tehsil Sanwer, District Indore, Madhya Pradesh) by the Company's Subsidiary Company viz. Parsvnath SEZ Ltd pursuant to Sub-section (1) of Section 4 of the Special Economic Zones Act, 2005 read with rule 8 of the Special Economic Zones Rules, 2006.

The stock closed the day at Rs.325.90, down by Rs.1.45 or 0.44%. The stock hit an intraday high of Rs.339.50 and low of Rs.324.70. The total traded quantity was 528435 compared to 2 week average of 630814.

Source : Equity Bulls

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