PSP Projects Surges Amid Broader Market Decline, Highlighting Small-Cap Resilience

PSP Projects, a small-cap player in the construction industry, has shown significant activity today, gaining 9.52% as of August 5, 2025. The stock opened with a notable gap up of 10.97% and reached an intraday high of Rs 723.95, reflecting a 12.84% increase at its peak. This performance has allowed PSP Projects to outperform its sector by 9.42%.
In terms of moving averages, the stock is currently above its 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day averages. This indicates a mixed short-term trend while maintaining a stronger position over the longer term.

In the broader market context, the Sensex has experienced a decline of 0.39% today, following a flat opening. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.34%. Over the past week, PSP Projects has faced a decline of 10.98%, contrasting with a modest 0.78% drop in the Sensex. However, its performance over the last three months shows a positive trend, with a 10.88% increase compared to a slight decline in the Sensex.