Shraddha launches Param Adarsh residential project in Mulund West, GDV Rs 120 Cr

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SHRADDHA · price

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Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹165.40

prior close

₹160.76

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.3% vs market

Residential, Commercial Projects peers, median of 62sector+0.0%-2.1% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 2.1 pts less than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.5

10m

+0.1

15m

+0.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1+0.2-2.3+0.0-2.1

Next day

+2.2+0.9+1.3-0.5+2.7

-0.2-0.8+0.6-1.3+1.1

-0.2-0.1-0.2+0.0-0.2

-2.2-1.7-0.5+0.1-2.3

-3.3-4.3+1.0-1.7-1.6

-3.6-7.5+3.9-3.5-0.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 62Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shraddha Prime Projects has launched Param Adarsh, a 21-storey residential project in Mulund West, Mumbai, located directly opposite Mulund West railway station. The project has an estimated Gross Development Value of about Rs 120 crore. The launch adds to the company’s Mumbai-focused development pipeline spanning residential, SRA, redevelopment, and MHADA projects.

Likely market impact

Adds a Rs 120 Cr project to the pipeline. Supports revenue visibility, though execution and sales velocity remain key for shareholders.