RPP Infra Projects soars on reporting 24% increases in Q1 net profit

21 Aug 2017

RPP Infra Projects is currently trading at Rs. 254.45, up by 8.15 points or 3.31% from its previous closing of Rs. 246.30 on the BSE.

The scrip opened at Rs. 249.80 and has touched a high and low of Rs. 259.65 and Rs. 249.35 respectively. So far 14128 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. 259.65 and Rs. 237.90 respectively. The current market cap of the company is Rs. 579.37 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 reported a rise of 23.73% in its net profit at Rs 7.77 crore for the quarter ended June 30, 2017, as compared to Rs 6.28 crore for the same quarter in the previous year. Total income of the company increased by 33.54% at Rs 113.83 crore for Q1FY18 as compared Rs 85.24 crore for the corresponding quarter previous year.

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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SEBI Registered: Investment Adviser - INA000013323