Shares of R.P.P Infra Projects witnessed a nearly 3% rise, trading at Rs 169.79 on the NSE as of 11:48 AM. The surge comes after the company announced the receipt of a Letter of Acceptance (LOA) for a new infrastructure project in Tamil Nadu, valued at Rs 21.83 crore (including GST).
The contract, awarded by the Bhabha Atomic Research Centre (BARC) under its Nuclear Recycle Board, involves the construction of service-supporting structures, RCC culverts, sewer lines, and associated works at the FRFCF project site in Kalpakkam. The project is slated for completion within 18 months.
Key details of the project:
- Scope: Construction of service-supporting structures, RCC culverts, and sewer lines between Building Nos. 503, 401, 306, and 307 at Kalpakkam.
- Value: Rs 21.83 crore (inclusive of GST).
- Client: Bhabha Atomic Research Centre (BARC).
- Timeline: 18 months.
This development underscores R.P.P Infra’s robust position in the infrastructure sector, as it continues to secure significant contracts across the country.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
