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1 Comment
PSP Projects Limited is currently in a long term uptrend where the price is trading 4.1% above its 200 day moving average.
From a valuation standpoint, the stock is 83.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.4.
PSP Projects Limited's total revenue sank by 7.8% to $4B since the same quarter in the previous year.
Its net income has dropped by 20.1% to $292M since the same quarter in the previous year.
Finally, its free cash flow fell by 121.2% to $-578M since the same quarter in the previous year.
Based on the above factors, PSP Projects Limited gets an overall score of 2/5.
Industry | Engineering & Construction |
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Sector | Industrials |
CurrencyCode | INR |
Exchange | NSE |
ISIN | INE488V01015 |
Beta | 0.54 |
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Market Cap | 25B |
Dividend Yield | 0.7% |
Target Price | 635 |
PE Ratio | 17.46 |
PSP Projects Limited, a construction company, provides construction services for industrial, institutional, residential, social infrastructure, and commercial projects in India. It constructs industrial buildings for pharmaceutical plants, food processing units, engineering units, and manufacturing and processing facilities; and buildings for hospitals and healthcare services, educational institutes, malls, hospitality services, and corporate offices. The company also undertakes government projects and government residential projects; and constructs buildings for group housing and townships, as well as independent residences for select private customers. PSP Projects Limited was incorporated in 2008 and is based in Ahmedabad, India.
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