Psp Projects shares jumped more than 3% in morning trade after the company received orders worth Rs 554.92 crore.
The order includes the construction of Gold Stone Hotel and Commercial Towers in Bangalore, Karnataka for Rs 389.29 Crores (excl. GST) in the Institutional Category. The projects are scheduled to be completed in 22 and 16 months, respectively.
Other orders include the construction of residential towers in Ahmedabad for Rs 165.04 crore. The project has a 24-month completion target.
As of 11:30 am, Psp Projects shares were trading 3.38% higher at Rs 696.15 on the NSE.