NSE: PSPPROJECT | BSE: 540544

Mid-range Performer

Download real time

637.45 -1.50 (-0.23%)

24,246 NSE+BSE Volume

NSE 28 Apr, 2025 3:00 PM (IST)

2,527

Market Cap

Above industry Median

0.9

Beta 1Year

Low volatility

PSP Projects Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PSPPROJECT, BSE:540544 PSP Projects Ltd.

PSP Projects Ltd.

27 Sep 2023, 12:00AM

637.45

-0.23%

Axis Annual Analysis:PSP Projects

Buy: PSP Projects Ltd.

Target

Axis Direct

Our valuation, based on 13x FY25E EPS, yields a target price of Rs 885 per share, reflecting an 11% upside potential from current levels. We maintain our BUY rating on the stock.

PSP Projects Ltd. is trading below its 100 day SMA of 642.8

PSP Projects Ltd.

31 Jul 2023

637.45

-0.23%

PSP Projects

Buy: PSP Projects Ltd.

Target

ICICI Direct

PSP Projects Ltd. is trading above its 50 day SMA of 628.9

PSP Projects Ltd.

28 Jul 2023, 12:00AM

637.45

-0.23%

PSP Projects: Q1FY24 Result Review

Buy: PSP Projects Ltd.

Target

IDBI Capital

PSP Projects Ltd. is trading above its 50 day SMA of 628.9

PSP Projects Ltd.

28 Jul 2023, 12:00AM

637.45

-0.23%

Result Update:PSP Projects

Buy: PSP Projects Ltd.

Target

Axis Direct

We maintain our BUY recommendation on the stock.

PSP Projects Ltd. has an average target of 705.75 from 4 brokers.

PSP Projects Ltd.

20 May 2023

637.45

-0.23%

PSP Projects | Q4FY23 Result Update

Buy: PSP Projects Ltd.

Target

Edelweiss

Executions set to improve

PSP Projects Ltd. has an average target of 705.75 from 4 brokers.

PSP Projects Ltd.

19 May 2023

637.45

-0.23%

Result Update:PSP Projects

Buy: PSP Projects Ltd.

Target

Axis Direct

Recommendation: We maintain our BUY recommendation on the stock.

PSP Projects Ltd. is trading below its 100 day SMA of 642.8

PSP Projects Ltd.

19 May 2023

637.45

-0.23%

PSP Projects: Q4FY23 Result Review

Buy: PSP Projects Ltd.

Target

IDBI Capital

PSP Projects Ltd. has an average target of 705.75 from 4 brokers.

PSP Projects Ltd.

30 Jan 2023

637.45

-0.23%

Pick of the Week:30 JAN 2023

Buy: PSP Projects Ltd.

Target

Axis Direct

We recommend a Buy the stock for a target price of Rs 752 implying an upside of 10% from CMP

PSP Projects Ltd. is trading above its 50 day SMA of 628.9

PSP Projects Ltd.

19 Jan 2023

637.45

-0.23%

HSIE Results Daily: IndusInd Bank, ICICI Prudential Life, PSP Projects

Accumulate: PSP Projects Ltd.

Recommendation Target

HDFC Securities

PSP Projects: PSP Projects (PSP) reported yet another weak quarter, with revenue/EBITDA/APAT of INR 5/0.6/0.4bn, thereby missing our estimates at all levels. PSP continues to disappoint with slower-than-expected execution ramp-up in Q3FY23. Its entire order book (OB) (excl. Bhiwandi and Pandharpur forming 14%) is under execution. The current bid pipeline stands at INR 45bn, of which 70% orders are from Gujarat and 60% are private. The revenue guidance for FY23/24 stands at ~INR 21/27bn, with margin of 11-13% and an order inflow (OI) of ~INR 40bn. Given a robust OB and likely higher execution in the near term, we recalibrate our FY24/25 EPS higher and increase our TP to INR 764/sh (13x Dec-24E EPS). However, due to the recent rally in the stock price and limited upside on our TP, we downgrade our rating to ADD. IndusInd Bank: IndusInd Bank (IIB) reported its highest-ever quarterly earnings, largely on account of steady loan growth (+19% YoY), stable margins, sustained traction in fee income and lower credit costs (1.7% annualised). Gross slippages at 2.3% witnessed some deterioration in the CV/CE portfolio and partial fallout from the restructured book, ex of which the back-book appears to be incrementally stabilising. IIB managed to garner retail deposits in the form of CA and TD from select affluent and NRI pockets, resulting in an overhang on its funding costs. Given its historically sub-par/non-sticky deposit profile, we believe IIB would continue to face challenges in a deposit-constrained environment, given the narrowing wedge with loan growth. We tweak our FY23E/FY24E estimates to factor in...