RPP Infra Projects is locked at upper circuit limit of Rs. 60.40, up by 10.05 points or 19.96% from its previous closing of Rs. 50.35 on the BSE.
The scrip opened at Rs. 54.95 and has touched a high and low of Rs. 60.40 and Rs. 54.00 respectively. So far 1,10,271 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.40 on 06-Jan-2014 and a 52 week low of Rs. 31.75 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 60.40 and Rs. 40.40 respectively. The current market cap of the company is Rs. 136.51 crore.
The promoters holding in the company stood at 72.42% while Non-Institutions held 27.58% respectively.
RPP Infra Projects, one of the India's leading and fast growing Non Metro/Rural based company engaged in the business of infrastructure development such as highways, roads, bridges, civil construction works, irrigation and water supply projects and power plants, has won few contracts in Tamil Nadu. With the winning of this project, the Company's Order Book position has jumped to Rs 650.00 crore.
RPP Infra Projects, has recently won the contract for Construction of Scientific Godown measuring 38000 MT Capacity for TNCSC (Tamil Nadu Civil Supplies Corporation) Cap Storage Campus at Punalkulam in Pudukottai District, Tamilnadu at a value of Rs. 28.50 crore and smaller Godowns across Tamilnadu for an additional value of Rs. 17.00 crore.
RPP Infra Projects has also recently won a contract for Construction of Boundary Wall (Balance) for MSEZ-Package 2 from Mangalore Special Economic Zone (MSEZ) in Mangalore for a Contract value of Rs. 8.15 crore. RPP Infra projects was earlier awarded the construction of MSEZ project for a value of Rs.32.00 crore, The Company had successfully completed Rs. 19.00 crore.
RPP Infra Projects is currently executing the projects like Strengthening of Contour Canal in Parambikulam and Aliyar in Tamil Nadu, the township project for NTPC and TNEB in Vallur, Northern Chennai are under progress.