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23-Jan2019

RPP Infra Projects surges on bagging orders worth Rs 62.90 crore from BHEL

RPP Infra Projects is currently trading at Rs. 131.00, up by 3.35 points or 2.62% from its previous closing of Rs. 127.65 on the BSE.

The scrip opened at Rs. 128.00 and has touched a high and low of Rs. 132.00 and Rs. 128.00 respectively. So far 10006 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.30 on 15-Feb-2018 and a 52 week low of Rs. 92.00 on 12-Dec-2018.

Last one week high and low of the scrip stood at Rs. 140.00 and Rs. 127.15 respectively. The current market cap of the company is Rs. 291.10 crore.

The promoters holding in the company stood at 52.5%, while Institutions and Non-Institutions held 7.01% and 40.47% respectively.

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit 1 at 2x660 MW Udangudi Super Critical Thermal Power Project, Kallamoli Village, Tiruchendur Taluk, Tuticorin District to be completed within 8 Months for worth of Rs 11.90 crore.

The another order is for providing work of Levelling and Grading of Green Belt Area and Balance Plant Area of Units 1 & 2, at 2x660 MW Udangudi Super Critical Thermal Power Project, Kallamoli Village, Tiruchendur Taluk, Tuticorin District to be completed within 10 months for worth of Rs 51.00 crore.

RPP Infra Projects is one of the India's leading and fast growing Non Metro/Rural based company located at Tamil Nadu and engaged in the business of infrastructure development such as highways, roads, bridges, civil construction works, irrigation and water supply projects and power plant.


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