RPP Infra Projects shares rose over 3% today, trading at ₹220.00 on the NSE. The stock’s upward momentum followed after the company received a letter of acceptance for a new project worth Rs. 55.50 crores.
As per the exchange filing on August 30, the company shared, “RPP Infra Projects Ltd has been received letter of acceptance for a new projects – Tamilnadu Climate Resilient Urban Development Plan(TNCRUDP) “Amrut 2.0″ Providing 24×7 Water Supply to the pilot water zones Avadi City Municipal Corporatation and improvement of existing water supply distribution system for Avadi City Municipal Corporation along with left out areas including operating & Maintenance of 5 Years for a contract value of INR 55.50 (Inclusive GST) . We have received the letter of acceptance today.”
As of 11:06 pm, RPP Infra Projects shares were trading 2.74% higher at Rs 219.00 on the NSE.
