RPP Infra Projects inches up on receiving letter of acceptance worth Rs 62.78 crore
R.P.P. Infra Projects is currently trading at Rs. 134.65, up by 0.20 points or 0.15% from its previous closing of Rs. 134.45 on the BSE.
The scrip opened at Rs. 135.00 and has touched a high and low of Rs. 137.50 and Rs. 129.05 respectively. So far 2760 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. 162.30 and Rs. 129.05 respectively. The current market cap of the company is Rs. 668.42 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 received letter of acceptance from Superintending Engineer for a new project - Widening from two lane to Four Lane of Avinashi- Mettupalayam Road (SH-80) including reconstruction of Box Culvert and construction of drain and retaining wall in Tirupur, Tamil Nadu for contract value of Rs 62.78 crore (Inc GST). The said 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.
