PSP Projects rose 2.89% to Rs 493 at 14:03 IST on BSE after the company said it won orders worth Rs 52.07 crore from various clients for industrial, institutional and residential projects.
The announcement was made during trading hours today, 9 July 2018.Meanwhile, the S&P BSE Sensex was up 273.85 points, or 0.77% to 35,931.71.
On the BSE, 339 shares were traded in the counter so far compared with average daily volumes of 1,572 shares in the past two weeks. The stock had hit a high of Rs 494.95 and a low of Rs 484 so far during the day. The stock hit a record high of Rs 596 on 24 April 2018. The stock hit a 52-week low of Rs 278 on 7 July 2017.
Net profit of PSP Projects rose 11.89% to Rs 22.96 crore on 63.12% rise in net sales to Rs 263.68 crore in Q4 March 2018 over Q4 March 2017.
PSP Projects is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India.
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