RPP Infra Projects gains after securing contract worth Rs 108.80 crore
RPP Infra Projects is currently trading at Rs 119.00, up by 1.65 points or 1.41% from its previous closing of Rs 117.35 on the BSE.
The scrip opened at Rs 117.35 and has touched a high and low of Rs 123.20 and Rs 116.00 respectively. So far 13652 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 10 has touched a 52-week high of Rs 255.00 on 18-Dec-2024 and a 52-week low of Rs 97.05 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs 137.00 and Rs 115.50 respectively. The current market cap of the company is Rs 580.40 crore.
The promoters holding in the company stood at 50.88%, while Institutions and Non-Institutions held 0.80% and 48.32% respectively.
RPP Infra Projects has been received letter of acceptance from Superintending Engineer, State Industries Promotion corporation of Tamil Nadu for a new project - SIPCOT - construction of customs office, medical facility and other building and construction of plug and play and warehouse and providing water supply system and construction of compound wall for Sez boundary in Sipcot Mega Lether Park Panapakkam in Ranipet for contract value of Rs 108.80 crore (Including GST). The order is to be executed within 15 months.
RPP Infra Projects is construction company primarily engaged in the business of infrastructure development such as highways, roads and bridges, roads and bridges.
