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Parsvnath Developers moves up 5% after firm launches new residential project in Madhya Pradesh

News by Aliceblue News Desk

21 Apr 2026

Parsvnath Developers moves up 5% after firm launches new residential project in Madhya Pradesh

Introduction

Leading real estate developer completed Saatvik Green NX project at Indore covering 20.67 acres with 473 residential plots after receiving completion certificate.

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Share price movement of Parsvnath Developers

On April 21, 2026, Parsvnath Developers Ltd opened at ₹8.98, up 4.56% from its previous close of ₹8.56. The stock reached a high of ₹8.98 (4.91%) and a low of ₹8.60. By 16:01, it traded at ₹8.95, a 4.56% increase, with a market cap of ₹389.49 crore.

Parsvnath Completes Indore Project

Parsvnath Developers Limited announced completion of its Saatvik Green NX project at Raukhedi, Indore on April 21, 2026 after receiving Completion Certificate from District Indore authorities for the development work.

Project ‘Saatvik Green NX’ spans 83,670 square meters or 20.67 acres at Raukhedi, Indore in collaboration with RRHL Realty Limited and includes 473 residential plots across three categories here project.

Project started in April 2024 and offers township facilities near AB Bypass Road Indore with connectivity to railway station hospitals and shopping hubs after full development completion certificate issued now.

Stock performance of Parsvnath Developers for period of 1 week, 6 months, and 1 year

Parsvnath Developers Ltd delivered a 1-week return of -5.07%, a 6-month return of -51.7%, and a 1-year return of -63.4%.

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Shareholding pattern of Parsvnath Developers

ParticularsMar 2026Dec 2025Sep 2025
Promoter50%50%50%
FII1.20%1.50%1.40%
DII0.30%0.70%0.50%
Public48.60%47.70%48.00%

About Parsvnath Developers

Parsvnath Developers Ltd (NSE: PARSVNATH) is a real estate company engaged in development of residential, commercial, and recreational projects across multiple cities in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Parsvnath Developers Ltd share price rising today?

A: Parsvnath Developers Ltd completed Saatvik Green NX Indore project on 20.67 acres with 473 plots after completion certificate.

Q: What is Parsvnath Developers Ltd’s main business focus?

A: Parsvnath Developers Ltd develops residential, commercial and recreational real estate projects across multiple cities in India with construction contracting activity.

Q: What are the 52-week high and low of Parsvnath Developers Ltd stock?

A: Parsvnath Developers Ltd 52-week high is ₹27.46 and low is ₹5.71.

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