RPP Infra Projects touches the roof after securing LoA worth Rs 80.98 crore
RPP Infra Projects is locked its upper circuit limit at Rs 137.55, up by 6.55 points or 5.00% from its previous closing of Rs 131.00 on the BSE.
The scrip opened at Rs 137.55 and has touched a high and low of Rs 137.55 and Rs 137.55 respectively. So far 101 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 137.55 and Rs 115.50 respectively. The current market cap of the company is Rs 682.05 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 (LoA) for a new project - improvement of water supply by constructing under GROUNG Tanks water distribution stations and laying of feeder main in Area I & V including Replacement of PVC water main, renewal of checked-up water main, Strengthening of various sizes of water main in various depots in Area IV & Area V under Vada Chennai Valarchi Thittam Tamilnadu for contract value of Rs 80.98 crore (including GST). The order is to be executed within 12 months.
RPP Infra Projects is construction company primarily engaged in the business of infrastructure development such as highways, roads and bridges, roads and bridges.
