Thursday, November 21, 2024

PSP Projects share price declines 9% after Adani group share crash

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Stock Market today: PSP Projects share price dipped more than 9% in morning trades on Thursday as Adani shares crashed. Adani Infra (India) Limited has signed definitive agreements to acquire upto 30.07% stake in PSP Projects

PSPS Projects share price opened at 648.90 on the BSE on Thursday , around 3.4% lower than the previous close of 671.75. However the PSP projects share price thereafter continued to decline to intraday lows of   609.05 as Adani Group shares crashed on Thursday.

The PSP Projects share price had remained in focus as Adani Infra (India) Limited has signed definitive agreements to acquire up to 30.07% stake in PSP Projects Limited from Mr. Prahladbhai S. Patel, founder promoter of PSP Projects Limited





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