RPP Infra Projects has received a letter of acceptance (LoA) for a new project Viz, TNRSP II/EPC14-Strengthening and Widening (Four Lane) of Triuneveli-Sengottai-Kollam Road of SH-39 from Km5 plus000 to Km27 plus700(Package-I) at a contract Price of Rs 176.58 crore. RPP Infra Projects (60% holding) along with its JV partner (40% holding) will invest in the project as per their capacity of holding and complete the above project within the decided timelines.

The company (60% holding) along with its JV partner (40% holding) will invest in the project as per their capacity of holding and complete the above project within the decided timelines. The Company has set to book an order Book of Rs 2,000.00 crore by the end of FY 21. These order books would result in improved financials of the Company. Further, it’s a huge opportunity in the core competency areas of the Company.

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

64.30 0.35 (0.55%) May 07, 18:03
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Peers
Company Name CMP
Dilip Buildcon 530.80
NBCC (India) 44.00
Sobha 466.55
JMC Projects (India) 93.60
Prestige Estate Proj 272.00
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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