PSP Projects Limited receives LOA amounting to Rs. 1491.34 crores

PSP Projects Limited is in receipt of Letter of Acceptances (LOA) amounting to Rs. 1491.34 crores (excluding GST) for construction of medical colleges and hospitals at multiple locations at Uttar Pradesh. Additionally, our company has secured new work orders worth Rs. 25.58 crores(excluding GST)for residential and institutional projects from various clients in Gujarat.

With receipt of the above, the total work orders received during financial year 2020-21 on standalone basis amounts to Rs. 2436.86 crores (excluding GST) and the outstanding order book considering December books stands at Rs. 4736.88 crores (excluding GST).

Shares of PSP Projects Ltd was last trading in BSE at Rs.480 as compared to the previous close of Rs. 479.9. The total number of shares traded during the day was 48742 in over 491 trades.

The stock hit an intraday high of Rs. 483.85 and intraday low of 473.85. The net turnover during the day was Rs. 23326634.

Source : Equity Bulls

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