Why is PSP Projects falling/rising?

Aug 08 2025 10:54 PM IST
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As of 08-Aug, PSP Projects Ltd's stock price is Rs 681.20, down 2.18% and has underperformed the Sensex significantly over the past week and month. The stock's recent decline is attributed to low trading volume and broader sector challenges in construction and real estate.
As of 08-Aug, PSP Projects Ltd is experiencing a decline in its stock price, currently at Rs 681.20, which reflects a decrease of Rs 15.15 or 2.18%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 5.38% during this period. Today's trading saw the stock reach an intraday low of Rs 671.3, and the volume traded was significantly lower than average, indicating a lack of investor interest, with delivery volume dropping by 97.93% compared to the 5-day average. In terms of returns, the stock has underperformed the benchmark Sensex over the past week and month, with declines of 10.31% and 10.81%, respectively, while it has shown modest gains year-to-date and over the past year.

In the broader market context, the construction and real estate sector, which includes PSP Projects, has also faced challenges, with a decline of 2.11%. This sector-wide downturn may be contributing to the stock's recent struggles. Compared to the Sensex, which has fallen only 0.92% over the past week, PSP Projects' significant drop indicates a more severe reaction to market conditions. The stock's performance over the last three years shows a stark contrast to the benchmark, with a 7.06% increase compared to the Sensex's 35.69% rise, further highlighting the stock's relative weakness in the current market environment.
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