RPP Infra Projects soars on bagging order worth Rs 155.80 crore

15 Nov 2018

RPP Infra Projects is currently trading at Rs. 124.00, up by 4.10 points or 3.42% from its previous closing of Rs. 119.90 on the BSE.

The scrip opened at Rs. 125.10 and has touched a high and low of Rs. 127.70 and Rs. 122.15 respectively. So far 3375 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. 107.00 on 14-Nov-2018.

Last one week high and low of the scrip stood at Rs. 130.00 and Rs. 107.00 respectively. The current market cap of the company is Rs. 270.98 crore.

The promoters holding in the company stood at 52.51%, while Institutions and Non-Institutions held 6.39% and 41.09% respectively.

RPP Infra Projects has bagged order from Tamil Nadu Water Supply & Drainage Board, Coimbatore for worth of Rs 155.80 crore. Providing CWSS to Perundurai and 7 other Town Panchayats including 547 wayside rural habitations in Erode and Tiruppur Districts with River Bhavani as source 18 months construction followed by 6 months Trial Run including paid maintenance of the Scheme for a period five years.

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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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