PSP Projects rallies 11%, nears record high on strong order book position

In the past 11 trading days, the stock price of PSP Projects has zoomed 31 per cent after promoters bought shares from the open market.

Shares of PSP Projects moved higher by 11 per cent to Rs 617 on the BSE in Tuesday’s trade on healthy order book position of over Rs 5,000 crore. The stock of civil construction company traded near to its record high level of Rs 639 that it had touched on February 1, 2022.

In the past 11 trading days, the stock price of PSP Projects zoomed 31 per cent on promoters stake buy from open market. Between June 20 to June 30, 2022, the PPP Family Trust (through Mrs. Shilpaben P. Patel - Trustee) and SPP Family Trust (through