PSP Projects shares zoom nearly 15% on Adani buying majority stake buzz

Shares of Gujarat-based PSP Projects surged 14.5% to Rs 452.45 on the BSE following reports that the Adani Group is in talks to acquire a 60.14% majority stake in the company. The deal could trigger an open offer for an additional 26% stake from public shareholders. This move aligns with Adani Group's broader expansion strategy across key infrastructure sectors.