RPP Infra bags order worth Rs 51 crore

The order is for "construction of scientific storage godown of 40,000 million tonne capacity (eight numbers having 5000 MT each) in TNCSC campus at village Edamanal in Nagapattinam district of the state," the company said in a BSE filing.

June 19, 2017 / 12:42 PM IST

IRB Infrastructure Developers | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It's trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple.

live

bselive
nselive

Volume

Todays L/H

RPP Infra Projects has bagged an order worth Rs 512 million (Rs 51.2 crore) from Tamil Nadu Civil Supplies Corporation (TNCSC).

The order is for "construction of scientific storage godown of 40,000 million tonne capacity (eight numbers having 5000 MT each) in TNCSC campus at village Edamanal in Nagapattinam district of the state," the company said in a BSE filing.

The work is to be completed within a time frame of 12 months, it added.

RPP Infra Projects is engaged in development of infrastructure like highways, roads, bridges, civil construction works, irrigation, water supply and power plant projects.

Shares of the company were trading up 8.58 per cent at Rs 254.50 apiece on the BSE.

Tags: #BSE #Business #RPP Infra Projects

first published: Jun 19, 2017 12:41 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Expert Trading Guidance

RPP Infra bags order worth Rs 51 crore

The order is for "construction of scientific storage godown of 40,000 million tonne capacity (eight numbers having 5000 MT each) in TNCSC campus at village Edamanal in Nagapattinam district of the state," the company said in a BSE filing.

IRB Infrastructure Developers | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It's trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple.