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Home / Markets / News / PSP Projects surges 6% as company bags new orders worth Rs 247 cr

PSP Projects surges 6% as company bags new orders worth Rs 247 cr

With receipt of the current order, the total order inflow for the financial year 2022-23 till date amounts to Rs 1,344.24 crore, the civil construction company said in an exchange filing.

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For FY23, it has set itself a goal of Rs 1.62 trillion, and already has a pipeline of assets worth Rs 1.6 trillion under advanced stages of implementation, an official said.

SI Reporter Mumbai

2 min read Last Updated : Aug 25 2022 | 9:44 AM IST

Shares of PSP Projects surged 6 per cent to Rs 624 on the BSE in Thursday’s intra-day trade after the company said it was awarded contracts worth Rs 247.35 crore (excluding GST) from Precast and Government segments.

With receipt of the current order, the total order inflow for the financial year 2022-23 till date amounts to Rs 1,344.24 crore, the civil construction company said in an exchange filing.

At 09:24 am, PSP Projects traded 5 per cent higher at Rs 614.75, as compared to 0.48 per cent rise in the S&P BSE Sensex. However, in the past one

Topics : Buzzing stocks PSP Projects Market trends Road construction stocks infrastructure projects

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