RPP Infra Projects is currently trading at Rs. 70.95, up by 4.50 points or 6.77% from its previous closing of Rs. 66.45 on the BSE.
The scrip opened at Rs. 67.50 and has touched a high and low of Rs. 71.85 and Rs. 67.10 respectively. So far 7,503 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 28-Jun-2011 and a 52 week low of Rs. 49.90 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 71.85 and Rs. 63.00 respectively. The current market cap of the company is Rs. 160.00 crore.
The promoters holding in the company stood at 72.42% while Institutions and Non-Institutions held 1.38% and 26.20% respectively.
RPP Infra Projects has bagged new orders worth Rs 30 crore in the irrigation and building sector in Tamil Nadu. The work includes construction of a library building for Central Library Buildings at Thiruvarur, Tamil Nadu under the Central Public Works Department and rehabilitation and modernization of supply channels in Vellore and Villupuram districts under water resources department, public works department Tamil Nadu. The order is scheduled to be completed within the period of 12 months.
Earlier on January 30, the company had bagged orders worth Rs 23 crore in Mangalore Refinery and Petrochemicals (MRPL), Mangalore. The work order included civil and structural works in MRPL Phase III site in Mangalore shall be completed in the period of 5 months.
RPP is one of the India's leading and fast growing Non Metro/ rural based company engaged in business of infrastructure development such as highways, roadways, bridges, civil construction works, irrigation, water supply projects and power plants.
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