R.P.P Infra Projects’ shares rose 3% after the company secured a major contract worth Rs. 38.32 crore (including GST) from the State Industries Promotion Corporation of Tamil Nadu (SIPCOT).
The project involves constructing internal roads, RCC side drains, culverts and installing street lights at the Mega Leather Park in Panapakkam, Ranipet District.
This domestic order comes with an 11-month completion timeline, and R.P.P Infra received the Letter of Acceptance on November 14, 2024, marking a significant milestone for its infrastructure division.
As of 10:14 am, R.P.P Infra Projects were trading 2.58% higher at Rs 176.00 on the NSE.
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