Stocks of PSP projects surged 3.38 per cent intra-day on the National Stock Exchange (NSE) on Thursday after the company announced receipt of work order worth Rs 607 crore.
The order is for institutional and residential projects, including a major project of Rs 601.40 crores for construction of flat type high rise buildings-cum-commercial units for economically weaker section (EWS). the projects are for Bhiwandi (Maharashtra) region.
“With receipt of above, the order book for the financial year 2019-20 (till date) on a standalone basis amounts to Rs 762.65 crores,” the company said in its BSE filing.
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