PSP Projects Limited receives new work orders worth Rs. 938.76 crores

PSP Projects Limited is in receipt of new work orders worth Rs. 938.76 Crores (excluding GST), which includes fresh work orders of Rs. 511.39 Crores (including order worth Rs. 503.56 crores for Project - Construction of Sports Complex at Ahmedabad) & Rs. 327.39 Crores in FY 2021-22 and FY 2022-23 respectively and additional scope in existing contracts worth Rs. 99.98 Crores in FY 2021-22.

With the receipt of the above orders, the total work orders received at the end of financial year 2021-22 amounts to Rs. 1802.23 Crores.

The major orders out of the above are from Government, residential and institutional categories.

Shares of PSP Projects Limited was last trading in BSE at Rs. 526.20 as compared to the previous close of Rs. 545.70. The total number of shares traded during the day was 12536 in over 1131 trades.

The stock hit an intraday high of Rs. 559.75 and intraday low of 515.00. The net turnover during the day was Rs. 6737448.00.

Source : Equity Bulls

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PSPProjects INE488V01015 OrderWin