Stock of Interest

Posted On: August 23, 2023

Stock report: PSPPROJECT(NSE) 22 Aug 2023 

PSP Projects Ltd is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. It operates in a single segment namely Constructions / Project activities. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities to private and public sector enterprises. Geographically, it derives revenue from India. 

#xCalData predicts that PSPPROJECT will continue its bullish phase over the next five days and trend within the range of 777 to 819. 

In comparison to the previous month, the price of the stock has experienced an increase of 8.15% indicating a bullish.  

The Stock has doubled once since 28 Jun 2017 and took an average of 0.4 years to double.        

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 1 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely MFI, RVI, Stochastic Oscillator indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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