RPP Infra Projects bags order worth INR 66.00 Crores

RPP Infra Projects has announced two new order wins worth INR 66.00 Crores. The Company has won two work orders i.e Tiruppur Smart City Limited - Smart Road and Tamil Nadu Housing Board.

The orders are for development of Smart road project under Tiruppur Smart City Limited at Tiruppur, Tamil Nadu State and is expected to be completed within 12 months and Construction of Shops, office complex and MSB Residential Flats under Tamil Nadu Housing Board at Coimbatore, Tamil Nadu and is expected to be completed within 9 months.

RPP Infra's order book at the end of FY20 stood at INR 17,882 Million. The company is well on its way at the end of FY21 order Book will be INR 20,000 Million.

Shares of RPP INFRA PROJECTS LTD. was last trading in BSE at Rs.64.9 as compared to the previous close of Rs. 65.1. The total number of shares traded during the day was 764 in over 33 trades.

The stock hit an intraday high of Rs. 74.35 and intraday low of 64.2. The net turnover during the day was Rs. 50447.

Source : Equity Bulls

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