RPP Infra Projects rises on bagging order worth Rs 217.1 crore

31 Jul 2018

RPP Infra Projects is currently trading at Rs. 225.05, up by 2.60 points or 1.17% from its previous closing of Rs. 222.45 on the BSE.

The scrip opened at Rs. 225.30 and has touched a high and low of Rs. 230.00 and Rs. 221.75 respectively. So far 6027 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.30 on 15-Feb-2018 and a 52 week low of Rs. 191.00 on 29-Jun-2018.

Last one week high and low of the scrip stood at Rs. 230.90 and Rs. 219.00 respectively. The current market cap of the company is Rs. 506.25 crore.

The promoters holding in the company stood at 52.51%, while Institutions and Non-Institutions held 6.03% and 41.46% respectively.

RPP Infra Projects has bagged order from Maharashtra PWD (Public Works Department of Maharashtra) for worth of Rs 217.1 crore. The order is for rehabilitation and up-gradation of existing Highway to 2 lane with paved shoulder configuration of Wardha to Arvi Km 0+000 (Wardha) to Km 53+708 (Arvi) NH-647 on EPC Mode in the State of Maharashtra. The said work is to be completed within 18 Months.

RPP Infra Projects is 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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