RPP Infra Projects soars on bagging orders worth Rs 1,000 crore

04 Mar 2021

RPP Infra Projects is currently trading at Rs. 79.60, up by 2.65 points or 3.44% from its previous closing of Rs. 76.95 on the BSE.

The scrip opened at Rs. 78.75 and has touched a high and low of Rs. 79.75 and Rs. 71.00 respectively. So far 13703 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 83.65 on 03-Mar-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. 83.65 and Rs. 64.85 respectively. The current market cap of the company is Rs. 178.66 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 won four work orders worth Rs 1,000 crore. The company has received the order from Tamil Nadu Water Supply and Drainage Board for Rs 131.14 crore. The company has also received orders from Highways Department- Chennai Kanyakumari Industrial Corridor project for Rs 558.66 crore. It has secured Rs 187.14 crore order from Greater Chennai Corporation - Strom Water Drain Department and Rs 123.07 crore order from Water Resource Department, Tamil Nadu.

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