Upper circuit alert & Rs 3370.32 crore order book: Civil construction company receives new order worth Rs 365,85,00,000

DSIJ Intelligence-1 / 11 Jul 2025/ Categories: Mindshare, Trending

Upper circuit alert & Rs 3370.32 crore order book: Civil construction company receives new order worth Rs 365,85,00,000

The stock is up 25 per cent from its 52-week low of Rs 115.50 per share.

On Friday, shares of RPP Infra Projects hit a 5 per cent upper circuit to Rs 144.45 per share from its previous closing of Rs 137.60 per share. The stock’s 52-week high is Rs 255 per share while its 52-week low is Rs 115.50 per share. The shares of the company saw a spurt in volume by more than 9 times on the BSE.

RPP Infra Projects Ltd, as the lead member of the joint venture M/s RPP-BCC IV with a 51 per cent participating share, has secured a significant new work order valued at Rs 365.85 crore (including GST). This substantial contract was awarded by the Additional Chief Engineer, PHED, Project Region, Ajmer- Rajasthan. The order pertains to retrofitting work for providing water supply through Functional Household Tap Connections (FHTC), adhering to Jal Jeevan Mission (JJM) guidelines. This crucial infrastructure development will benefit 202 main habitations and 355 other habitations across the Ajmer Rural, Arain, and Silora Blocks of the Ajmer District, sourcing water from the Bisalpur dam System.

The scope of this domestic contract extends beyond initial retrofitting, encompassing operation and maintenance for 10 years. This comprehensive project is slated for execution within 20 months, indicating a commitment to swift and efficient implementation. The receipt of this Letter of Acceptance (LOA) highlights RPP Infra Projects Ltd's expertise in large-scale water infrastructure projects and its significant contribution to the nationwide Jal Jeevan Mission, which aims to provide safe and adequate drinking water through individual household tap connections to all rural households in India.

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About the Company

RPP Infra Projects Limited, established in 1995, is a prominent player in the Indian construction sector. The company specialises in an array of infrastructure projects, including roads, bridges, buildings, industrial structures, power generation, irrigation systems, and waste management. With a strong focus on EPC (Engineering, Procurement, and Construction) projects, RPP Infra has a diversified portfolio encompassing highways, roads, bridges, civil construction for water management, irrigation, mass housing, and power projects. The company boasts a successful track record, having executed over 200 civil construction projects across southern states like Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh.

As of July 11, 2025, the company has an order book of Rs 3,370.32 crore. Regarding finances, RPP Infra Projects has a market cap of over Rs 700 crore. The company reported amazing numbers in its Quarterly Results (Q4FY25) and annual results (FY25). The company’s shares have a PE of 11x whereas the industry PE is 25x. The stock is up 25 per cent from its 52-week low of Rs 115.50 per share.

Disclaimer: The article is for informational purposes only and not investment advice.