PSP Projects Limited receives new orders worth Rs. 386.24 crores

PSP Projects Limited is in receipt of new Work Orders worth INR 386.24 Crores (excluding taxes).

- Construction and Maintenance of Human and Biological Gallery at Science City, Ahmedabad for Gujarat Council of Science City worth INR 268.11 Crores (excluding taxes) in Government Category. The project is to be completed within a period of 18 months.

- Construction of Commercial Building ORYX at GIFT City, Gandhinagar worth INR 118.13 Crores (excluding taxes) Institutional Category. The project is to be completed within a period of 24 months.

With receipt of the above orders, the total order inflow during the financial year 2023-24 till date amounts to INR 3012.85 Crores (This includes small value work orders totalling to INR 23.33 crores).

The company have emerged as Lowest Bidder (L1 Bidder) for the project “Construction of Fintech Building at GIFT City” for Gujrat International Finance at Gift City, Gandhinagar worth INR 333.05 Crores (Excl. GST). The project is to be completed within a period of 30 months.

Shares of PSP Projects Limited was last trading in BSE at Rs. 697.90 as compared to the previous close of Rs. 691.30. The total number of shares traded during the day was 2436 in over 218 trades.

The stock hit an intraday high of Rs. 709.95 and intraday low of 693.95. The net turnover during the day was Rs. 1700596.00.

Source : Equity Bulls

Keywords

PSPProjects INE488V01015 OrderWin