RPP Infra Projects gains on bagging new order worth Rs 414 crore

25 Sep 2019 Evaluate

RPP Infra Projects is currently trading at Rs. 109.10, up by 0.30 points or 0.28% from its previous closing of Rs. 108.80 on the BSE.

The scrip opened at Rs. 110.00 and has touched a high and low of Rs. 114.00 and Rs. 108.00 respectively. So far 3262 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.00 on 01-Oct-2018 and a 52 week low of Rs. 55.80 on 26-Aug-2019.

Last one week high and low of the scrip stood at Rs. 114.00 and Rs. 96.00 respectively. The current market cap of the company is Rs. 245.89 crore.

The promoters holding in the company stood at 52.51%, while Institutions and Non-Institutions held 8.53% and 38.95% respectively.

RPP Infra Projects, along with its JV partner, has bagged new order worth Rs 414 crore for the construction of a two-lane road from Kaletwa to the India-Myanmar border in the Chin state of Myanmar. This new project marks the diversification of company into the new geographical international location of Myanmar.

The company’s order book at the end of FY19 stood at Rs 1944 crore. The company is well on its way to meeting its order inflow aim of Rs 1200 crore in FY20.

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.

RPP Infra Projects Share Price

108.00 0.00 (0.00%)
28-Mar-2024 16:01 View Price Chart
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