RPP Infra Projects strengthens on bagging new orders worth Rs 101 million

22 May 2014 Evaluate

RPP Infra Projects is currently trading at Rs. 82.50, up by 2.35 points or 2.93% from its previous closing of Rs. 80.15 on the BSE.

The scrip opened at Rs. 89.00 and has touched a high and low of Rs. 89.00 and Rs. 81.00 respectively. So far 8216 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 89.00 on 22-May-2014 and a 52 week low of Rs. 31.75 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 89.00 and Rs. 64.00 respectively. The current market cap of the company is Rs. 187.58 crore.

The promoters holding in the company stood at 72.42% while Non-Institutions held 27.58% stake in the company.

R.P.P. Infra Projects, one of the India's leading and fast growing Non Metro/Rural based company engaged in the business of infrastructure development such as highways, roads, bridges, civil construction works, irrigation and water supply projects and power plants, has won few contracts in Tamil Nadu.

The Company has recently awarded a Contract for maintenance of factory building, construction of civil & structural steel works, interior decorations, water supply, railway sidings, horticulture, housekeeping, sanitation etc in entire factory complex of BHEL, Trichy for Rs 56 Million and the period of Contract is 15 months.

The Company is currently executing a Project for Construction and expansion of additional shop floors, machine foundation, RCC/Steel framed structure and other infrastructure works at Seamless Steel Tube Plant, BHEL, Trichy for Rs 45 million and the period of Contract is 12 Months.

The Company has Successfully completed a Contract with Karnataka Power Transmission Corporation  for up-gradation of existing 2x5 MVA 33/11 KV Sub-station to 2 x 10 MVA 110/11 KV sub-station at Hanumanal and construction of 110KV S/C Line on DC Towers from proposed 11Q/33/11KV Sub-station at Hiregonnagara to the proposed 110/11 KV Sub-station at Hanumanal for a distance of 10.58 KM's and construction of 110KV Terminal Bay at proposed 11Q/33/11 KV Sub-station at Hiregonnagara for the proposed 110KV S/C Line to the proposed 110/11KV Hanumanal Sub-Station.

RPP Infra Projects Share Price

164.70 -6.15 (-3.60%)
21-Nov-2024 16:59 View Price Chart
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