RPP Infra Projects jumps on receiving letter of acceptance worth Rs 80.85 crore
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R.P.P. Infra Projects is currently trading at Rs. 97.69, up by 1.88 points or 1.96% from its previous closing of Rs. 95.81 on the BSE.
The scrip opened at Rs. 97.72 and has touched a high and low of Rs. 97.72 and Rs. 97.69 respectively. So far 39673 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.72 on 16-Nov-2023 and a 52 week low of Rs. 35.00 on 21-Nov-2022.
Last one week high and low of the scrip stood at Rs. 97.72 and Rs. 85.21 respectively. The current market cap of the company is Rs. 372.99 crore.
The promoters holding in the company stood at 51.29%, while Institutions and Non-Institutions held 0.79% and 47.93% respectively.
RPP Infra Projects has received a letter of acceptance from RITES, SRPO Bangalore for a new projects viz ‘Supplying, Fabricating & Erecting Structural Steel works including roofing for Pre-Engineered Buidlings & Workshops for proposed BMRCL Metro Depot at Challaghatta, Bangalore at a contract price of Rs 80.85 crore (Inclusive of GST). The said order is expected to be completed in 9 months.
RPP Infra Projects is Construction Company primarily engaged in the business of infrastructure development such as Highways, Roads and Bridges, Roads and Bridges.
