PSP Projects announced that it has received work orders worth Rs 123.38 crore in institutional, industrial and residential categories in Ahmedabad, Gujarat.

PSP Project bags work orders worth Rs 123 cr

The National Stock Exchange has added Balrampur Chini Mills and GNFC on its F&O ban list for 10 March 2023. Securities banned under the F&O segment include companies where derivative contracts have crossed 95% of the market-wide position limit.

Stocks in news: Infosys, PSP Projects, Shalby

ICICI Direct is bullish on PSP Projects recommended buy rating on the stock with a target price of Rs 820 in its research report dated January 19, 2023.

Buy PSP Projects; target of Rs 820: ICICI Direct

Axis Securities is positive on KNR Constructions, PNC Infratech, RITES, KEC International, and PSP Projects to do well among infra stocks. These stocks have given returns in the range of 2.35-12.63% so far this year on a year-to-date (YTD) basis. KEC International has offered negative 1.52% returns …

Infra, BFSI: Key themes and stocks to focus ahead of the Budget

Broker’s Call: PSP Projects (Buy)

YES Securities recommended neutral rating on PSP Projects with a target price of Rs 764 in its research report dated January 18, 2023.

Neutral PSP Projects; target of Rs 764: YES Securities

PSP Projects dropped 4.59% to Rs 681.15 after consolidated net profit delcined 29.47% to Rs 35.36 crore in Q3 FY23 from Rs 50.13 crore in Q3 FY22.

PSP Projects tumbles after Q3 PAT slides 29% YoY

IndusInd Bank, Persistent Systems, Central Bank of India, Oracle Financial Services Software, CCL Products and PSP Projects will be among the stocks in focus as they declare their December quarter earnings today.

Stocks to Watch: ITC, BoI, ICICI Prudential, ICICI Lombard, Adani Ent, Nalco

In the past one month, PSP Projects outperformed the market as shares surged 18 per cent, as against 3 per cent decline in the S&P BSE Sensex.

PSP Projects hits record high as it emerges L1 bidder for a govt project

PSP Projects rose 3.70% to Rs 734.70 after the company informed that it has emerged as the lowest bidder (L1) for a government project worth Rs 1,364.47 crore.

PSP Projects gains on emerging as L1 bidder for govt project worth Rs 1,364 crore

Maruti Suzuki India: The company announced production of 124,722 vehicles in December 2022, lower than 152,029 vehicles in a year ago period.

Maruti Suzuki, Dabur India, HFCL, PSP Projects in focus

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

PSP Projects is a civil construction company engaged in the business of making investments in joint ventures or partnerships or special purpose vehicles for development of townships, construction of residential-commercial premises, roads or bridges.

PSP Projects Ltd