RPP Infra Projects jumps on winning order worth Rs 70.50 crore
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RPP Infra Projects is currently trading at Rs. 42.95, up by 1.95 points or 4.76% from its previous closing of Rs. 41.00 on the BSE.
The scrip opened at Rs. 42.95 and has touched a high and low of Rs. 42.95 and Rs. 42.95 respectively. So far 1450 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.00 on 17-Feb-2022 and a 52 week low of Rs. 29.60 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 43.45 and Rs. 40.90 respectively. The current market cap of the company is Rs. 155.31 crore.
The promoters holding in the company stood at 51.29%, while Institutions and Non-Institutions held 0.06% and 48.65% respectively.
RPP Infra Projects has won an order of Construction of Integrated Storm Water Drain Works in M1 & M2 Components in Kovalam Basin in expanded areas in Greater Chennai Corporation Package 4 covering various streets of zone 12 & 14 for the contract price of Rs 70.50 crore and is expected to be completed within 24 months from the appointed date.
RPP Infra Projects is Construction Company primarily engaged in the business of infrastructure development such as Highways, Roads and Bridges., Roads and Bridges.
