RPP Infra Projects is currently trading at Rs. 170.00, up by 2.20 points or 1.31% from its previous closing of Rs. 167.80 on the BSE.
The scrip opened at Rs. 179.70 and has touched a high and low of Rs. 179.70 and Rs. 167.10 respectively. So far 73654 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 179.70 on 04-Feb-2015 and a 52 week low of Rs. 55.00 on 04-Feb-2014.
Last one week high and low of the scrip stood at Rs. 170.00 and Rs. 142.15 respectively. The current market cap of the company is Rs. 390.76 crore.
The promoters holding in the company stood at 72.42% while Non-Institutions held 27.58% stake in the company.
RPP Infra Projects has received letter of intent (LoI) worth Rs 192 crore for Rural electrification work to be carried out under Rajiv Gandhi Grameen Vidyutikaran Yojna Phase II in Shahjahanpur disctrict of Uttar Pradesh on turnkey basis under Government of India (GoI) scheme.
The completion of said work shall be 24 months from the date of issue of this LoI. The said work shall be executed as per standard terms and conditions of UPPCL/MWNL & Guideline of Ministry of Power (MOP), GOI/REC for RGGW Phase 2.
RPP Infra Projects is currently executing the projects like Strengthening of Contour Canal in Parambikulam and Aliyar in Tamil Nadu, the township project for NTPC and TNEB in Vallur, Northern Chennai are under progress.
