Published on 11/10/2017 3:13:18 PM | Source: Dion Global Solutions Ltd

PSP Projects zooms 13% on bagging contract works

Shares of PSP Projects rallied nearly 13 per cent on the Bombay Stock Exchange after the company said it has won contract works at Surat Diamond Bourse, Khajod valued at Rs 1,575 crore. Cheering the news, shares of the company gained as much as 12.96 per cent to trade at intra-day high of Rs 465.75 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the company were trading 2.00 per cent higher at Rs 419.00 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 32,050.32, up 125.91 points, or 0.39 per cent, at 12:40 hours.