This Infra Stock Soars 82 per cent in a Year, Bags Rs 38.32 Crore Order with Rs 3,399 Crore Pipeline

This Infra Stock Soars 82 per cent in a Year, Bags Rs 38.32 Crore Order with Rs 3,399 Crore Pipeline

Pushkar Shinde
/ Categories: Trending, Mindshare

New Rs 38.32 Crore Contract Boosts Momentum, Order Book Stands Strong at Rs 3,399 Crore

RPP Infra Projects Ltd has received a letter of acceptance for a project valued at ₹38.32 crores (inclusive of GST). The work involves the formation of balance internal roads, construction of RCC side drains, culverts, and the provision of street lights at the Mega Leather Park in Panapakkam, Ranipet District, Tamil Nadu.

Contract Timeline
The project, awarded by SIPCOT Industrial Park, has a completion period of 11 months from the date the site is handed over. RPP Infra has been requested to take over the site and begin work within 15 days of receiving the work order.

Company Background
Incorporated in 1995, RPP Infra Projects is a leading player in the EPC (Engineering, Procurement, and Construction) sector. The company operates across diverse infrastructure verticals such as roads, buildings, power, irrigation, and waste management, with a strong presence in southern states like Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh.

Track Record
The company has completed over 200 civil construction projects and is known for delivering quality infrastructure solutions in highways, bridges, water management, housing, and industrial construction.

Order Book Update
During the half-year ending September 2024, RPP Infra was awarded five new projects worth ₹931.39 crores. Additionally, in October 2024, it secured another five projects valued at ₹636.84 crores. The company’s current order book includes 54 ongoing projects worth ₹6,088.78 crores.

DSIJ offers a service 'Flash News Investment' with recommendations for Profit-making Ideas for You (Weekly) based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here

Execution Status
Out of the total order book, ₹2,626.01 crores worth of projects have already been completed and billed. The remaining ₹3,399.80 crores worth of work is under execution, showcasing the company's robust pipeline and steady growth trajectory.

RPP Infra continues to strengthen its position in the infrastructure sector with consistent project wins and successful project deliveries. This new order reinforces its reputation as a trusted name in infrastructure development.

Previous Article Tata Group Stock Climbs 56 per cent, Trades Near 200DMA; Completes Rs 18 Crore Deal
Next Article The F&O Effect: With 45 stocks set to be included in New Additions Drive Stock Prices? A Look into Previous Inclusion Performances
Rate this article:
4.6

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR