{"id":115350,"date":"2023-12-11T17:30:00","date_gmt":"2023-12-11T12:00:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115350"},"modified":"2023-12-11T17:24:40","modified_gmt":"2023-12-11T11:54:40","slug":"infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/","title":{"rendered":"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1978839987\"><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>The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1832552847\"><!-- 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>With a market capitalisation of Rs. 2,793, the shares of the <a href=\"https:\/\/portal.tradebrains.in\/stock\/PSPPROJECT\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>PSP Project Ltd<\/strong><\/a> started Monday\u2019s trading session on a higher note at Rs. 781 compared to its previous close of Rs. 769.20. The shares hit a high of Rs. 783, gaining around 2 percent and is currently trading at Rs. 773 apiece.\u00a0<\/p><p>Such a positive movement in the share price was observed after the company in an exchange filing mentioned that they had emerged as the lowest bidder in the Project Construction and Maintenance Agency (CMA) for the Human and Biological Science Gallery at Science City, Ahmedabad, Gujarat worth Rs. 296.85 Crores.&nbsp;<\/p><p>With this order, the total value of projects for which the company stands as the lowest bidder amounts to Rs 1,063.86 crore for FY22-24, which is in addition to the work orders received to date amounting to Rs 1,060.30 crore for FY23-24.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2889997855\"><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>Earlier this month, the company received a work order worth Rs 101.67 cores for the domestic project, Construction and Maintenance of the Main Building of GBRC, for Gujarat Biotechnology Research Centre (GBRC) at GIFT City Gandhinagar, Gujarat.&nbsp;<\/p><p>Coming onto the company\u2019s financial statements, the revenue increased around 21 percent from Rs. 514 crores during the June quarter to Rs. 620 crores during the September quarter. In addition, the net profits increased from Rs. 38 crores to Rs. 39 crores during the same timeframe.&nbsp;<\/p><p>As of September 2023, The outstanding order book was at Rs.4,898 crore, with private projects comprising 48 percent, and government projects comprising 52 percent. Furthermore, the company expects an order inflow of nearly Rs.3,000 crore in FY24.&nbsp;<\/p><p>Headquartered in Ahmedabad, PSP Project Ltd was incorporated in 2008. The company offers a diversified range of construction and allied services across institutional, industrial, government, government residential, and residential projects in India.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Vaibhav Patil<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/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-3218415700\"><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>The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.&nbsp; With a market capitalisation of Rs. 2,793, the shares of the PSP Project Ltd started Monday\u2019s trading session on a higher note at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":101688,"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":[],"class_list":["post-115350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr\" \/>\n<meta property=\"og:description\" content=\"The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-11T12:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/\",\"url\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/\",\"name\":\"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg\",\"datePublished\":\"2023-12-11T12:00:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr - Trade Brains Features","description":"The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/","og_locale":"en_US","og_type":"article","og_title":"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr","og_description":"The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-12-11T12:00:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/","url":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/","name":"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg","datePublished":"2023-12-11T12:00:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of this construction company jumped around 2 percent on Monday\u2019s trading session after announcing that they have emerged as the lowest Bidder in the Project worth Rs. 296.85 Crores.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/04\/construction-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/infra-stock-jumps-after-it-emerged-as-lowest-bidder-in-the-project-worth-296-85-cr\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Infra stock jumps after it emerged as lowest Bidder in the Project worth \u20b9 296.85 Cr"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/115350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=115350"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/115350\/revisions"}],"predecessor-version":[{"id":115354,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/115350\/revisions\/115354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/101688"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=115350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=115350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=115350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}