RPP Infra Projects Ltd receives LOA for order worth Rs. 289.30 crores

M/s. RPP Infra Projects Ltd has received a letter of acceptance for a new project viz, Rectification of Black Spot TN-(02)- 297,TN-(02)-388, TN-(02)-688 & TN-(02)-324 by constructing a 3 Lane Additional flyover on RHS (1x25+1x40+1x25m) at Km 44886 (Uthamasolapuram), with Vehicular underpass at different location in the project of Salem-Kumarapalaym section of NH-544 in the State of Tamilnadu on EPC mode, at a contract price of INR 125.85 Crores(Incl GST),ECORestoration/Rejuvenation and Beautification of Vandiyur Tank in Madurai City Municipal Corporation, at a contract price of INR 41.15 Crores (Incl GST) and project from various Town panchayat for Improvements to Existing Water Supply Distribution System and Providing House Service Connection, at Odugathur, Pallikonda, Othakkalmandapam, Kannampalayam, Nilakkottai for a value of 122.3 Crore (Inclu GST).

The order book as on 30/06/2023 is Rupees 3240 crore.

Shares of R.P.P. Infra Projects Limited was last trading in BSE at Rs. 57.26 as compared to the previous close of Rs. 56.52. The total number of shares traded during the day was 17665 in over 271 trades.

The stock hit an intraday high of Rs. 58.79 and intraday low of 56.60. The net turnover during the day was Rs. 1015286.00.

Source : Equity Bulls

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