RPP Infra Projects is currently trading at Rs. 124.10, up by 3.70 points or 3.07% from its previous closing of Rs. 120.40 on the BSE.
The scrip opened at Rs. 121.90 and has touched a high and low of Rs. 124.30 and Rs. 118.00 respectively. So far 9,027 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. 70.00 on 24-Jun-2014.
Last one week high and low of the scrip stood at Rs. 133.10 and Rs. 118.00 respectively. The current market cap of the company is Rs. 280.70 crore.
The promoters holding in the company stood at 72.42%, while Non-Institutions held 27.58% respectively.
RPP Infra Projects has entered into a Memorandum of joint co-operation agreement with Hunan Construction Engineering Group Corporation, China and London based Delamore & Owl Group of Companies. RPP Infra Proiects, Hunan Construction Engineering Group Corporation and Delamore & Owl Group, intends to act as a strategic joint venture partners to jointly develop & fund projects across India and neighboring countries.
RPP Infra Projects & Hunan Construction Engineering Group Corporation together will be technical construction partner of the consortium while Delamore & Owl group will act as a financial partner.
RPP Infra Projects is engaged in business of infrastructure development such as highway, roads, bridges, civil construction works/ irrigation & water supply projects & power plants.
