PSP Projects is currently trading at Rs. 443.10, up by 19.20 points or 4.53% from its previous closing of Rs. 423.90 on the BSE.
The scrip opened at Rs. 428.70 and has touched a high and low of Rs. 451.85 and Rs. 428.70 respectively. So far 650 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 535.00 on 11-Feb-2020 and a 52 week low of Rs. 233.80 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 451.85 and Rs. 410.30 respectively. The current market cap of the company is Rs. 1526.04 crore.
The promoters holding in the company stood at 74.19%, while Institutions and Non- Institutions held 6.68% and 19.13% respectively.
PSP Projects has received Letter of Intent (LoI) for a project worth Rs 588.62 crore (including GST) from a private developer at Ahmedabad, Gujarat. The company has been ranked the L1 bidder (Lowest Bidder) by a regulatory authority for projects totalling to Rs. 1249.41 crore (including GST) for construction of medical colleges at multiple locations at Uttar Pradesh.
PSP Projects, the Ahmedabad-based firm is a multi-disciplinary construction firm and provides its services ranging from planning and design to construction and post-construction activities.
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