PSP Projects receives new work orders worth Rs167.35 crore

19 Sep 2022 , 01:36 PM

PSP Projects Limited informed that the company has received work orders worth Rs167.35 crore (excluding GST) in the Industrial, Precast, and Residential segments.

The said orders include a major order to construct Phase 2 of the Noodle Factory from the company’s repeat client.

The company highlighted that after receipt of the said order, the total order inflow for the financial year 2022-23 to date stands at Rs1,511.58 crore.

PSP Projects is a building contractor. The company constructs industrial, institutional, government, and residential projects, as well as provides linked services such as planning, design, and post-construction operations. PSP Projects works with both the commercial and public sectors in India.

At around 1.38 PM, PSP Projects was trading at Rs632.95 down by 0.84% from its previous closing of Rs638.30 on the BSE. The scrip touched intraday high and low of Rs651.95 and Rs628 respectively.

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