{"id":113255,"date":"2023-11-06T16:05:32","date_gmt":"2023-11-06T10:35:32","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113255"},"modified":"2023-11-06T16:05:37","modified_gmt":"2023-11-06T10:35:37","slug":"real-estate-stock-in-green-after-it-secures-contract-worth-357-08-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/real-estate-stock-in-green-after-it-secures-contract-worth-357-08-cr\/","title":{"rendered":"Real Estate stock in green after it secures contract worth \u20b9 357.08 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-331221311\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Realty stock jumps 2 percent in the day&#8217;s trade after it emerges as the lowest bidder for Development of Dharoi Dam region as a World Class Sustainable Tourist\/Pilgrimage Destination for Rs. 357.08 Crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2013735261\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 3:25 p.m the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/PSPPROJECT\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">PSP Projects Limited<\/a><\/strong> were trading at Rs. 782.85 with no change from its previous day close price and its market capitalization is Rs. 2,801 Crores.\u00a0<\/p><p>As per the company\u2019s filing PSP Projects Limited has secured orders for a bid of Rs. 357.08 Crores for the Development of Dharoi Dam region as a World Class Sustainable Tourist\/Pilgrimage Destination, for Water Supply &amp; Kalpsar Department, Gujarat at Dharoi.&nbsp;<\/p><p>Its revenue grew 10.85 percent from Rs. 1,748.06Crores in FY22 to Rs. 1,937.81 Crores in FY23, accompanied by decreasing profits of Rs.166.65 Crores to Rs. 131.94 Crores.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-406863556\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>It has reported a return on equity (ROE) of 18.1 percent and a return on capital employed (ROCE) of 24.83 percent, it is making good returns on its equity and capital employed.&nbsp;<\/p><p>According to the latest shareholding data available for the September 2023 quarter, the company\u2019s Promoters hold 66.22 percent stake, the Domestic Institutional Investors hold 5.36 percent and the Foreign Institutional Investors (FII) hold 4.23 percent.&nbsp;<\/p><p>PSP Projects operates in the domain of Realty and it offers a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India.&nbsp;<\/p><h4 class=\"wp-block-heading\" id=\"h-written-by-bharath-k-s\"><strong>Written by: Bharath K.S<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3801837612\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Realty stock jumps 2 percent in the day&#8217;s trade after it emerges as the lowest bidder for Development of Dharoi Dam region as a World Class Sustainable Tourist\/Pilgrimage Destination for Rs. 357.08 Crores.&nbsp; At 3:25 p.m the shares of PSP Projects Limited were trading at Rs. 782.85 with no change from its previous day close [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":82782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[13841,14071,13840,948,936],"class_list":["post-113255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-psp-projects-latest-news","tag-psp-projects-new-contract","tag-psp-projects-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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