MoneyWorks4Me

RPP Infra Projects zooms on bagging order worth Rs 30.90 crore

16 Mar 2016 Evaluate

RPP Infra Projects is currently trading at Rs. 109.20, up by 3.40 points or 3.21% from its previous closing of Rs. 105.80 on the BSE.

The scrip opened at Rs. 109.00 and has touched a high and low of Rs. 109.90 and Rs. 106.50 respectively. So far 18491 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 165.80 on 05-May-2015 and a 52 week low of Rs. 84.90 on 07-Sep-2015.

Last one week high and low of the scrip stood at Rs 113.40 and Rs 105.00 respectively. The current market cap of the company is Rs. 247.48 crore.

The promoters holding in the company stood at 72.42% while Institutions and Non-Institutions held 1.45% and 26.13% respectively.

RPP Infra Projects has bagged an order from Karnataka State Police Housing & Infrastructure Development Corporation for Construction of 160 Nos. PC Quarters in I) Mangalore - 48 PC Qtrs. & II) Panambur - 112 PC Qtrs. in Dakshina Kannada District Under Police Gruha 2020 Scheme (PG 2020 / Package No. 80 / 2015 - 16 ) for Rs 30.90 crore. The said work is to be completed within 20 months.

RPP Infra Projects is engaged in business of infrastructure development such as highway, roads, bridges, civil construction works/ irrigation & water supply projects & power plants.

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1395.10
NCC 135.20
Rail Vikas Nigam 212.75
KEC International 398.00
View more..