PSP Projects gains on bagging work orders well worth Rs 572 crore

PSP Projects gains on bagging work orders well worth Rs 572 crore

by admin- Monday, January 21st, 2019 03:44:48 PM

PSP Projects is presently trading at Rs. 407.Seventy five, up by way of five.Forty points or 1.34 % from its previous closing of Rs. 402.35 on the BSE.

The scrip opened at Rs. 406.Ninety five and has touched a high and coffee of Rs. 409.Ninety and Rs. 405.00 respectively. So a long way 330 stocks were traded on the counter.

The BSE organization ‘B’ inventory of face cost Rs. 10 has touched a 52 week excessive of Rs. 596.00 on 24-Apr-2018 and a fifty two week low of Rs. 358.70 on 31-Oct-2018.

Last one week high and coffee of the scrip stood at Rs. 430.00 and Rs. Four hundred.00 respectively. The contemporary marketplace cap of the organization is Rs. 1448.Forty six crore.

The promoters holding within the employer stood at 73.28%, even as Institutions and Non-Institutions held 7.31% and 19.40% respectively.

PSP Projects has received work orders worth Rs 572.17 crore from various clients for commercial, residential and institutional projects. The paintings orders encompass Rs 535.Fifty three crore of work order from Sumer Corporation for creation of SRA Rehab Building at Chandivali, Mumbai within the country of Maharashtra and the final paintings orders from Zydus Cadila Group, Torrent Pharmaceuticals and Corona Remedies.

Further, with receipt of the brand new work orders, the whole work orders acquired for the duration of the financial 12 months 2018-19 (till date) on standalone basis amounts to Rs 1,376.79 crore.

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