RPP Infra Projects is currently trading at Rs. 70.20, up by 0.25 points or 0.36% from its previous closing of Rs. 69.95 on the BSE.
The scrip opened at Rs. 73.60 and has touched a high and low of Rs. 73.60 and Rs. 69.50 respectively. So far 9330 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 75.85 on 11-Feb-2021 and a 52 week low of Rs. 27.25 on 17-Mar-2020.
Last one week high and low of the scrip stood at Rs. 73.90 and Rs. 65.70 respectively. The current market cap of the company is Rs. 159.22 crore.
The promoters holding in the company stood at 53.23%, while Institutions and Non-Institutions held 5.47% and 41.30% respectively.
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