PSP Projects ends at 5% upper circuit on securing work orders worth Rs938.76 crore

20 Apr 2022 , 04:12 PM

PSP Projects Ltd is in receipt of new work orders worth Rs938.76 crore (excluding GST), which includes fresh work orders of Rs511.39 crore (including order worth Rs503.56 crore for Project “Construction of Sports Complex at Ahmedabad) & Rs327.39 crore in FY 2021-22 and FY 2022-23 respectively and additional scope in existing contracts worth Rs99.98 crore in FY 2021-22.

With the receipt of the above orders, the total work orders received at the end of financial year 2021-22 amounts to Rs1802.23 crore, said company on Wednesday.

Further, the major orders out of the above are from Government, residential and institutional categories, it added.

PSP Projects ended at Rs553.90 apiece up by Rs27.7 or 5.26% from its previous closing of Rs526.20 apiece on the BSE.