PSP Projects stock has touched 52-week high in early trade today. The company receives a letter of intent from Surat Diamond Bourse for the main contract works at Surat Diamond Bourse, Khajod, Surat, Gujarat.
The contract is valued at Rs 1575 crore. The project schedule is 30 months.
The stock is currently trading at Rs 444.4, up by Rs 32.1 or 7.79% from its previous closing of Rs 412.3 on the BSE.
The scrip opened at Rs 447 and has touched a high and low of Rs 465.75 and Rs 435 respectively. The stock is currently trading above its 50DMA.
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