RPP Infra Projects' stock surged to its upper circuit limit at RS 137.55, marking a 5.00% increase (up 6.55 points) from its previous close of RS 131.00 on the BSE.

The stock opened at RS 137.55 and remained at the same level, touching both its high and low at RS 137.55. A total of 101 shares were traded during the session.

The BSE group 'T' stock, with a face value of RS 10, has recorded a 52-week high of RS 255.00 on December 18, 2024, and a 52-week low of RS 97.05 on March 14, 2024. Over the last week, the stock has fluctuated between RS 137.55 and RS 115.50. The company's current market capitalization stands at RS 682.05 crore.

In terms of shareholding, promoters hold 50.88%, while institutions and non-institutions hold 0.80% and 48.32%, respectively.

New Project Win

RPP Infra Projects has received a Letter of Acceptance (LoA) for a new infrastructure project in Tamil Nadu. The contract involves improving water supply by constructing underground tanks, water distribution stations, and laying feeder mains in Area I & V. The project also includes replacing PVC water mains, renewing checked-up water mains, and strengthening various water mains in Area IV & V under the Vada Chennai Valarchi Thittam initiative.

The total contract value is RS 80.98 crore (including GST), and the project is expected to be completed within 12 months.

RPP Infra Projects is a construction company specializing in infrastructure development, including highways, roads, and bridges.