PSP Projects, which got listed on the bourses today, settled at a discount of 5% to its issue price. At the NSE, stock closed at Rs 199.50 a share as against issue price of Rs 210 a share.
Shares recorded a high of Rs 199.50 and a low of Rs 190 after opening at Rs 190 that is 9.52% discount to its issue price.
PSP Projects is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. The company provides its services across the construction value chain, ranging from planning and design to construction and post-construction activities to private and public sector enterprises.