ICICI Direct's research report on PSP Projects
Incorporated in 2008, PSP Projects (PSP) is one of the prominent contractors offering a diversified range of construction and allied services. Its focus remains on industrial, institutional, government, government residential and residential projects. PSP reported 34.3%, 31.2%, 31.3% CAGR in topline, EBITDA, PAT CAGR, respectively, during FY17-22 • Prudent management with net debt free, robust return ratios (RoCE: 25+%).
Outlook
We maintain our BUY rating on the company. We value PSP at Rs 760/share.
More Info
At 15:42 hrs PSP Projects was quoting at Rs 638.30, down Rs 6.95, or 1.08 percent.
It has touched an intraday high of Rs 662.35 and an intraday low of Rs 631.80.
It was trading with volumes of 47,080 shares, compared to its thirty day average of 21,559 shares, an increase of 118.38 percent.
In the previous trading session, the share closed up 0.50 percent or Rs 3.20 at Rs 645.25.
The share touched its 52-week high Rs 673.70 and 52-week low Rs 416.20 on 15 September, 2022 and 21 September, 2021, respectively.
Currently, it is trading 5.25 percent below its 52-week high and 53.36 percent above its 52-week low.
Market capitalisation stands at Rs 2,297.88 crore.
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
