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Infra stock jumps after it receives multiple orders worth ₹1764 Cr from Adani group

Infra stock secured ₹1,764.12 crore in work orders, raising total inflow to ₹3,478.58cr for FY 2024-25, covering airport, healthcare, & residential projects, strengthening its infrastructure market presence.
Infra stock secured ₹1,764.12 crore orders, boosting total inflow to ₹3,478.58 crore.
Infra stock secured ₹1,764.12 crore orders, boosting total inflow to ₹3,478.58 crore.

Introduction:

Infra stock has secured ₹1,764.12 crore in work orders across various projects, including airport development, healthcare, and residential construction. With total order inflow reaching ₹3,478.58 crore for FY 2024-25, the company strengthens its market position while executing key infrastructure projects nationwide.

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Share Price movement of PSP Projects :

On February 28, 2025, PSP Projects Limited opened at ₹623.10, reaching a high of ₹637.90 , up 1.25% from its previous close of ₹630.00 and a low of ₹619.05. Currently, it is trading at ₹624.60, with a market cap of ₹2,476.03 crore.

PSP Projects received orders worth ₹1764 Cr :

PSP Projects Limited has secured work orders worth ₹1,764.12 crore, excluding taxes, across multiple categories. Key projects include City Side Development at Ahmedabad Airport (₹647.22 crore), Adani Medicity & Research Center (₹411.72 crore), and a residential project at Shantigram (₹139.93 crore).  

Additionally, the company will undertake Leadership Guest House construction (₹147.47 crore), Airside and Landside Development at Ahmedabad Airport (₹223.47 crore), and Training Centre construction (₹61.07 crore). Other projects include Vishram Gruh development at Asarva Civil Hospital (₹51 crore), with execution timelines ranging from 12 to 24 months.  

With these orders, total order inflow for FY 2024-25 reaches ₹3,478.58 crore. PSP Projects has also emerged as the L1 bidder for a ₹120.53 crore street development project in Ahmedabad. All contracts are from domestic entities, ensuring no related-party transactions, reinforcing the company’s strong market position.

Also Read: Auto anicallary stock jumps after it reports 6.2% YoY increase in net profits

Recent news About PSP Projects :

In January 2025, Adani Infra sought approval from the Competition Commission of India (CCI) to acquire a significant stake in PSP Projects. This strategic move aims to enhance Adani’s presence in the construction sector, leveraging PSP’s expertise in industrial, institutional, and residential projects. 

Ace investor holding of PSP Projects :

Ace investor Madhulika Agarwal holds 1,000,000 shares in PSP Projects Ltd., representing a 2.52% stake valued at ₹62.6 crore. Her stable holdings indicate confidence in the company’s long-term potential, backed by strong infrastructure project inflows and a robust order book for sustained growth.

Stock performance of PSP Projects  for Period of 1 week, 6 months and 1 year:

PSP Projects’ stock showed a slight gain of 0.78% over the past week, indicating short-term stability. However, in the last six months, it declined 7.77%, reflecting moderate weakness. Over the past year, the stock fell 8.99%, highlighting continued challenges despite securing new project orders.

Also Read: Stock jumps 3.5% after receiving order worth ₹325 Cr from South Eastern Railway

Shareholding pattern of PSP Projects :

All values in %Dec-24Sep-24Jun-24
Promoters60.1460.1460.14
FII7.638.587.02
DII8.0910.9810.49
Retail & others24.1420.3122.35
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About PSP Projects :

PSP Projects Ltd. is a leading construction and infrastructure company engaged in industrial, institutional, residential, and commercial projects. Known for its execution expertise, the company has a strong presence in India, securing large-scale contracts across airports, healthcare, and real estate sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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