Buy Parsvnath Developers

Parsvnath Developer LtdAs per stock market analysts, investors can buy major real estate Parsvnath Developers with a stop loss of Rs 517.

Interested investors can purchase it to achieve a long term target of Rs 570.

As turn around story of the stock, it is playing brilliantly from last few weeks in the stock market.

The stock has touched its 52-week high of Rs 539 with a low of Rs 480 on National Stock Exchange. The stock still has much potential to achieve new yearly highs records in the coming weeks.

The company has earned a net profit of Rs 271crore for year ending March 2007 and Rs 84crore for quarter ending June 2007.

With robust efforts and path breaking projects, the company will surely attain its pinnacle in the coming quarters, and reap good returns for its capitalists.

The other fundamental stocks which are looking strong from the same sector includes DLF, HDIL, Indiabulls Real and Omaxe.