Stock Report

RRP semiconductor Ltd receives order worth Rs. 439.90 crores



Posted On : 2024-11-05 21:11:39( TIMEZONE : IST )

RRP semiconductor Ltd receives order worth Rs. 439.90 crores

RRP semiconductor Ltd awarded order of Rs. 439.90 Cr from Telecrown Infratech Private Limited, Pune Maharashtra to supply and import of Silicon Solar cells, melted silicon Crystals, Polycrystalline materials for Solar Power PV Module installation at Maharashtra in various locations. 106 MW Solar Power PV Modules installation Amounting Rs. 439.90 Cr.

The company wish to place on record that "our new journey to import Silicon crystalline material especially for solar power module where India is the net importer of this product, this strategic order Marks our entry into Silicon crystalline PV modules and allow us to expand our service offering".

The Company further stated that we are presently focused on building high credibility in Solar, semiconductor in the domain of growing Silicon cells for both Solar and semiconductor applications and exploring further opportunities with OSAT, Chip on Glass and NAND Flash and memory modules. We believe this partnership will significantly contribute to RRP's quantum Growth and Success.

Shares of RRP semiconductor Ltd (Formerly G.D.TRADING & AGENCIES LTD.) was last trading in BSE at Rs. 87.77 as compared to the previous close of Rs. 86.05. The total number of shares traded during the day was 5 in over 1 trades.

The stock hit an intraday high of Rs. 87.77 and intraday low of 87.77. The net turnover during the day was Rs. 438.00.

Source : Equity Bulls

Keywords

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