RPP Infra Projects bags order worth Rs 507 million
DSIJ Intelligence / 02 Aug 2017
RPP Infra Projects is engaged in engineering and construction activities such as civil construction work for irrigation and water supply projects, and power plants
With an order from the Karnataka State Police Housing and Infrastructure Development Corporation in its kitty, RPP Infra Projects soared over 4% at Rs 258.60 per share on the BSE.
The order involves construction of 192 police quarters in Kolar city under Police Gruha 2020 Scheme and police quarters in Mysore district on lump sum turnkey basis.
The project is worth Rs 507 million and will be completed within 16 months.
Meanwhile, the stock on NSE witnessed a traded volume of 2,97,850 shares and a traded value of Rs 765.18 lakh.
RPP Infra Projects is engaged in engineering and construction activities such as civil construction work for irrigation and water supply projects, and power plants, etc.