RPP Infra Projects soars on bagging order worth Rs 26.50 crore

RPP Infra Projects is currently trading at Rs. 112.90, up by 3.80 points or 3.48% from its previous closing of Rs. 109.10 on the BSE.

The scrip opened at Rs. 109.10 and has touched a high and low of Rs. 114.70 and Rs. 109.10 respectively. So far 92304 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 179.70 on 04-Feb-2015 and a 52 week low of Rs. 84.90 on 07-Sep-2015.

Last one week high and low of the scrip stood at Rs. 114.70 and Rs. 105.00 respectively. The current market cap of the company is Rs. 255.39 crore.

The promoters holding in the company stood at 72.42% while Institutions and Non-Institutions held 1.11% and 26.47% respectively.

RPP Infra Projects engaged in business of infrastructure development such as highway roads, bridges, civil construction works, irrigation & water supply projects & power plant, has received order worth Rs 25.60 crore for improving & widening road on NH-17 & NH-48 in identified stretches of New Mangalore Port Road Connectivity Project. The said work is to be completed within 9 months.

RPP Infra Projects is engaged in business of infrastructure development such as highway, roads, bridges, civil construction works/ irrigation & water supply projects & power plants.