RPP Infra Projects Ltd receives LOA for new projects worth Rs. 482.37 Crores

RPP Infra Projects Ltd has received a letter of acceptance for a new projects viz, Road and Drain Works-1 for CBR Project of CPCL at Nagapattinam, Tamilnadu at a contract price of INR 300.44 Crores (Incl of GST), Provision of civil works and Allied Services for Engine Test Facility along with Ancillary work for GRTE at Rajankute, Bengaluru, Karnataka at a contract price of INR 90.18 Crores (Incl GST) , and Thoothukudi Corporation - Construction of Storm Water Drain from Ponsubbiah Nagar to Loorthammalpuram Main Road package 4 under ADB Tamilnadu Urban flagship investment Program-tranche 3 at a contract price of INR 16.88 Crore (Incl GST).

M/s. RPP Infra Projects Ltd and M/s Sun Construction - M/s RPP-Sun (JV) with the ratio of 51% and 49% respectively has been received letter of acceptance for a new project - Twad - Improvement of existing CWSS to Pudukkottai municipality and three Town Panchayats and fifteen wayside habitations in Pudukkottai district, Tamilnadu for the Value of INR 74.87 Crore (Incl GST).

Shares of R.P.P. Infra Projects Limited was last trading in BSE at Rs. 67.97 as compared to the previous close of Rs. 68.36. The total number of shares traded during the day was 8992 in over 72 trades.

The stock hit an intraday high of Rs. 69.68 and intraday low of 67.35. The net turnover during the day was Rs. 612263.00.

Source : Equity Bulls

Keywords

RPPInfraProjects INE324L01013 OrderWin