RPP Infra Projects advances on bagging order worth Rs 50.70 crore

02 Aug 2017

RPP Infra Projects is currently trading at Rs. 257.90, up by 9.35 points or 3.76% from its previous closing of Rs. 248.55 on the BSE.

The scrip opened at Rs. 250.70 and has touched a high and low of Rs. 260.00 and Rs. 247.70 respectively. So far 32100 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 362.20 on 10-Feb-2017 and a 52 week low of Rs. 138.50 on 16-Nov-2016.

Last one week high and low of the scrip stood at Rs. 260.00 and Rs. 246.00 respectively. The current market cap of the company is Rs. 580.84 crore.

The promoters holding in the company stood at 52.51%, while Institutions and Non-Institutions held 9.10% and 38.39% respectively.

RPP Infra Projects has bagged order from Karnataka State Police Housing and Infrastructure Development Corporation (KSPH&IDCL) worth Rs 50.70 crore. The order is for construction of 192 Nos. (180 PC + 12 SI) Police Quarters in Kolar City under Police Gruha 2020 Scheme (PG-2020/PH-3/Package No.05/ 2017-18) and 156 Nos. Police Quarters in Mysore District under Police Gruha 2020 Scheme (PG-2020/PH-3/Package No.07/2017-18) on lump sum turnkey basis, using Conventional method of Construction (Framed Structure). The said work is expected to be completed within 16 Months.

RPP Infra Projects, one of the India's leading and fast growing Non Metro/Rural based company located at Tamil Nadu and engaged in the business of infrastructure development such as highways, roads, bridges, civil construction works, irrigation and water supply projects and power plant.

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RPP Infra Projects Share Price

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