PSP Projects has received new work orders worth Rs 5.72 billion from various clients for Industrial, residential and Institutional projects.

The above mentioned work orders includes Rs 5.35 billion of work order from Sumer Corporation for construction of SRA Rehab Building at Chandivali, Mumbai and the remaining work orders from Zydus Cadila Group, Torrent Pharmaceuticals and Corona Remedies.

Further, with receipt of the new work orders, the total work orders received during the financial year 2018-19 (till date) on standalone basis amounts to Rs 13.76 billion.

Shares of the company gained Rs 5.40, or 1.34%, to trade at Rs 406.50. The total volume of shares traded was 170 at the BSE (9.26 a.m., Monday).