Shares of PSP Projects Ltd were trading in the green and 3% higher on 8 February after the company announced receiving new work orders worth Rs 935 crore from three domestic entities in Gujarat.

In its regulatory filing, the company said that it had received fresh work orders for a total of Rs 935.41 crore from three domestic companies in Gujarat. The first order was received from the Water Supply and Kalpsar Department for River Edge Development of the Dharoi Dam Region in Dharoi, Gujarat, for Narmada Water Resources for a total value of Rs 357.07 crore.

The second order was received from the Gandhinagar Municipal Corporation for civil, MEP, and finishing work for the development of a street in Gandhinagar for a total value of Rs 155.62 crore.

The third order was received from Sabarmati Riverfront Development Corporation Limited for the development of the Sabarmati Riverfront in Ahmedabad. It is valued at Rs 399.38 crore and has to be completed within 30 months.

The total order book for the current fiscal year stood at Rs 1,995.70 crore, including minor value work orders of Rs 23.33 crore.

At 3:30 pm, the shares of PSP Projects closed 0.68% higher at Rs 783 on NSE.