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PSP Projects stock spurts over 4% after receiving NOC for setting up of Industrial Plant for manufacturing of Precast

The company has started manufacturing activities after receiving Consent to Establish from Gujarat Pollution Control Board for its plant in Ahmedabad.

December 23, 2021 10:55 IST | India Infoline News Service
Gujarat Pollution Control Board (GPCB) has granted a Consent to Establish (NOC) for setting up of PSP Projects Limited’s Industrial Plant for Manufacturing of Precast for its plant situated at Mankol, Sanand, Ahmedabad vide its letter dated December 21, 2021. The company has started manufacturing activities.

The company will be able to execute the work orders of Precast received from various clients.  The Consent to Establish (NOC) is valid up to November 3, 2028.

At around 10.56 am, PSP Projects Ltd was trading at Rs470.35 per piece up by Rs19.15 or 4.24% from its previous closing of Rs451.20 per piece on the BSE.
The scrip opened at Rs476.40 and has touched a high and low of Rs485 and Rs466.55 respectively.

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