RPP Infra Projects shines on securing LoA worth Rs 55.50 crore
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R.P.P. Infra Projects is currently trading at Rs. 218.40, up by 5.50 points or 2.58% from its previous closing of Rs. 212.90 on the BSE.
The scrip opened at Rs. 212.90 and has touched a high and low of Rs. 221.85 and Rs. 210.00 respectively. So far 14241 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 235.45 on 27-Aug-2024 and a 52 week low of Rs. 62.55 on 04-Sep-2023.
Last one week high and low of the scrip stood at Rs. 235.45 and Rs. 210.00 respectively. The current market cap of the company is Rs. 836.15 crore.
The promoters holding in the company stood at 50.88%, while Institutions and Non-Institutions held 0.49% and 48.63% respectively.
RPP Infra Projects has been received Letter of Acceptance (LoA) for a new projects - Tamilnadu Climate Resilient Urban Development Plan (TNCRUDP) ‘Amrut 2.0’ Providing 24x7 Water Supply to the pilot water zones Avadi City Municipal Corporation and improvement of existing water supply distribution system for Avadi City Municipal Corporation along with left out areas including operating & Maintenance of 5 Years for a contract value of Rs 55.50 crore (Inclusive GST).
RPP Infra Projects is Construction Company primarily engaged in the business of infrastructure development such as Highways, Roads and Bridges, Roads and Bridges.
