PSP Projects

Jan 30 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD DEC-QUARTER CONSOL NET PROFIT 178.3 MILLION RUPEES

• PSP PROJECTS LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.13 BILLION RUPEES

Further company coverage: PSPP.NS

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Jan 12 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD - BNCMC TO PAY PSP PROJECTS 614.4 MILLION RUPEES

Source text: ID:nNSE2C2Srx

Further company coverage: PSPP.NS

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Dec 19 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS - GETS TAX PENALTY WORTH 2.7 MILLION RUPEES

Source text: ID:nNSE2dLW3G

Further company coverage: PSPP.NS

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April 18 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS - GETS ORDER WORTH 1.07 BILLION RUPEES

Source text: ID:nBSE7Q4rtd

Further company coverage: PSPP.NS

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March 4 (Reuters) - PSP Projects Ltd PSPP.NS:

• INDIA COMPETITION REGULATOR: APPROVES ACQUISITION OF EQUITY SHARES OF PSP PROJECTS BY ADANI INFRA (INDIA)

Source text: [ID:]

Further company coverage: PSPP.NS

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Feb 28 (Reuters) - PSP Projects Ltd PSPP.NS:

• RECEIVES WORK ORDERS WORTH 17.64 BILLION RUPEES

Source text: ID:nBSE43wqP2

Further company coverage: PSPP.NS

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Feb 7 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS DEC-QUARTER CONSOL NET PROFIT 50.5 MILLION RUPEES

• PSP PROJECTS LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.3 BILLION RUPEES

Further company coverage: PSPP.NS

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** Shares of PSP Projects PSPP.NS fall as much as 9.9% to 605.6 rupees

** Construction co said on Tuesday that Adani Infra (India) is acquiring about a 30% stake; co's shares had closed 4.4% higher

** Gautam Adani, chairman of the Adani Group, and others were indicted in New York over his role in an alleged $265 mln bribery scheme, U.S. prosecutors said

** The Adani Group has not responded to requests for comment

** Shares of Adani Group stocks tumbled on Thursday

** PSPP stock moved below its 50-day, 100-day, and 200-day SMAs

** Co's shares traded at 6.5x 30-day moving avg; shares changed hands most since Sept. 27, 2021

** PSPP last down 7.7%, extending YTD losses to ~19%

(Reporting by Anuran Sadhu in Bengaluru)

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Nov 19 (Reuters) - India's Adani Infra will purchase a 30.07% stake in construction firm PSP Projects PSPP.NS for 6.85 billion rupees ($81.2 million), the latter said on Tuesday.

($1 = 84.3920 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala)

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Oct 25 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD SEPT-QUARTER CONSOL NET PROFIT 102.2 MILLION RUPEES

• PSP PROJECTS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.86 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: PSPP.NS

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** Shares of PSP Projects PSPP.NS rise 4.4% to 659.95 rupees

** Co got work order worth 2.7 bln rupees ($32.16 mln) for construction of residential tower at GIFT City in Gandhinagar

** Total order inflow for financial year 2024-25 till date amounts to 17.14 bln rupees

** PSPP down ~14% YTD

($1 = 83.9475 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

** Shares of PSP Projects Ltd PSPP.NS rise as much as 5.3% to 709.40 rupees

** Construction co says it got orders worth 5.55 bln rupees ($66.46 million) for construction of hotel and commercial towers in Bangalore, residential towers in Ahmedabad

** Stock on track to gain for 2nd straight day

** More than 194,000 shares traded as of 11:39 a.m. IST, busiest day yet in over a week

** Mean rating of 7 brokerages rating the stock is 'buy'; their median PT is 800 rupees - LSEG data

** PSPP last up 3.2%; fell ~9% YTD so far

($1 = 83.5100 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Aug 14 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD- GETS CIVIL AND STRUCTURAL WORK FOR 4.84 BILLION RUPEES

• PSP PROJECTS LTD- GETS CONSTRUCTION PROJECT FOR 1.02 BILLION RUPEES

Source text for Eikon: ID:nBSE8QCFYV

Further company coverage: PSPP.NS

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Aug 2 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD JUNE-QUARTER CONSOL NET PROFIT 346.8 MILLION RUPEES

• PSP PROJECTS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.23 BILLION RUPEES

• PSP PROJECTS - RE-APPOINTS PRAHALADBHAI S. PATEL AS CHAIRMAN, MD, CEO

Source text for Eikon: [ID:]

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May 24 (Reuters) - PSP Projects Ltd PSPP.NS:

• MARCH-QUARTER CONSOL NET PROFIT 155.2 MILLION RUPEES VERSUS PROFIT 460 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.68 BILLION RUPEES VERSUS 7.30 BILLION RUPEES

Source text for Eikon: ID:nNSEc9BQfW

Further company coverage: PSPP.NS

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April 30 (Reuters) - PSP Projects Ltd PSPP.NS:

• RECEIPT OF NEW WORK ORDER WORTH 2.3 BILLION RUPEES

Source text for Eikon: ID:nBSEwclY2

Further company coverage: PSPP.NS

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March 11 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD - IN RECEIPT OF NEW WORK ORDERS WORTH 4.10 BILLION RUPEES

Source text for Eikon: ID:nBSEj1c5L

Further company coverage: PSPP.NS

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** Shares of PSP Projects PSPP.NS up ~3% at 738 rupees, recoups some of last week's losses

** Construction co wins order worth 6.31 billion rupees ($76 million)

** Last Friday, stock had settled 6.3% lower on qtrly profit fall, marking its worst day since Oct 2022

** Post-results slump took the stock in red for the year

** Stock down ~4.8% YTD, compared to a ~9.5% rise in 2023

($1 = 83.0090 Indian rupees)

(Reporitng by Nishit Navin in Bengaluru)

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Feb 9 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD - APPROVES FUND RAISE WORTH 3 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: PSPP.NS

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Feb 7 (Reuters) - PSP Projects Ltd PSPP.NS:

• PSP PROJECTS LTD - IN RECEIPT OF NEW WORK ORDERS WORTH 9.35 BILLION RUPEES

Source text for Eikon: ID:nBSE2DZ0mY

Further company coverage: PSPP.NS

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** Shares of PSP Projects PSPP.NS rise as much as 3.7% to 789.3 rupees, highest since Dec. 4

** Co reported on Tuesday it emerged as winning bidder for a project worth 4.45 bln rupees ($53.55 million) for National Dairy Development Board

** Trading volume 2x its 30-day avg

** Analysts covering the stock on average have a "strong buy" rating; stock currently trading at a 14% discount to median PT of 900 rupees - LSEG data

** Stock had gained 9.5% in 2023, its third straight year of gains

($1 = 83.1000 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Shares of construction firm PSP Projects PSPP.NS trim some gains to trade 1.7% higher at 754.45 rupees; they were up as much as 3.1% earlier in the session

** PSPP said it has emerged as lowest bidder in a project worth 6.31 bln rupees ($75.95 mln) from Rail Vikas Nigam RAIV.NS

** Adds, including this project, co is lowest bidder in projects worth 18.53 bln rupees for fiscal 2023-24

** Trading vol 2x the 30-day daily avg

** Avg rating of six analysts is equivalent of "strong buy", median PT is 900 rupees - LSEG data

** Stock rose 9.5% in 2023, its third straight year of gains

($1 = 83.0800 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Dec 22 (Reuters) - PSP Projects Ltd PSPP.NS:

• EMERGED AS LOWEST BIDDER IN PROJECT FOR GANDHINAGAR MUNICIPAL CORP, GUJARAT

• PROJECT WORTH 1.59 BILLION RUPEES

Further company coverage: PSPP.NS

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** Shares of construction firm PSP Projects PSPP.NS up as much as 2.1% at 787 rupees

** Co wins order worth 1.02 bln rupees ($12.24 mln) for construction and maintenance work of building at Gujarat Biotechnology Research Centre at GIFT City, Gandhinagar

** PSPP says project expected to be completed within 18 months

** Also emerges as lowest bidder for project worth 4.10 bln rupees to develop Sabarmati riverfront for Ahmedabad Municipal Corp

** Co's total order inflow for FY 2023-24 stands at 10.60 bln rupees

** More than 258,000 shares traded, 2.9x the 30-day avg

** PSPP up nearly 11% YTD, vs 32% gain in Nifty infrastructure index .NIFTYINFR

($1 = 83.3526 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

Nov 2 (Reuters) - PSP Projects Ltd PSPP.NS:

• INDIA'S PSP PROJECTS LTD SEPT-QUARTER CONSOL NET PROFIT 385.2 MILLION RUPEES VERSUS 215.5 MILLION RUPEES

• PSP PROJECTS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.2 BILLION RUPEES VERSUS 3.6 BILLION RUPEES

Source text for Eikon: ID:nBSEqvY05

Further company coverage: PSPP.NS

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** Shares of PSP Projects PSPP.NS rise as much as 4.1% to 749.3 rupees, biggest intraday gain since Aug. 23

** Construction and engineering co receives order worth 2 bln rupees ($24.02 mln)

** Co also emerges lowest bidder for construction of main building for Gujarat Biotechnology Research Centre worth 1.02 bln rupees

** More than 77,358 shares change hands by 11:35 a.m. IST, 1.4x the 30-day avg

** Mean rating of 7 analysts on stock is "strong buy"; median PT is 849 rupees - LSEG data

** Stock currently up 2.9%, bumping YTD gains to nearly 6%

($1 = 83.2510 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

July 27 (Reuters) - PSP Projects Ltd PSPP.NS:

• INDIA'S PSP PROJECTS LTD JUNE-QUARTER CONSOL NET PROFIT 378.5 MILLION RUPEES VERSUS PROFIT 290.4 MILLION RUPEES

• PSP PROJECTS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.14 BILLION RUPEES VERSUS 3.48 BILLION RUPEES

• APPROVED CAPITAL BUDGET FOR EXPANSION OF PRECAST MANUFACTURING PLANT UPTO 200 MLN RUPEES

Source text for Eikon: ID:nBSE35MxtQ

Further company coverage: PSPP.NS

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May 18 (Reuters) - PSP Projects Ltd PSPP.NS:

• OUTSTANDING ORDER BOOK AS ON FY23 IS 50.52 BILLION RUPEES

Source text for Eikon: ID:nBSE3SnF2b

Further company coverage: PSPP.NS

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May 15 (Reuters) - PSP Projects Ltd PSPP.NS:

• GOT ORDER WORTH 3.17 BILLION RUPEES

Source text for Eikon: ID:nBSE13HXnB

Further company coverage: PSPP.NS

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May 1 (Reuters) - PSP Projects Ltd PSPP.NS:

• RECEIPT OF WORK ORDERS

• GETS WORK ORDER WORTH 4.41 BILLION RUPEES

Source text for Eikon: ID:nBSE1jPLCM

Further company coverage: PSPP.NS

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