There has been a stormy rise in the shares of a small company RPP Infra Projects. Shares of RPP Infra Projects closed at Rs 165.80 on Tuesday with a rise of more than 15 per cent. This rise in the company’s shares has come due to receipt of new orders. RPP Infra Projects has received new orders worth Rs 310.93 crore. Shares of the company also reached the level of Rs 169.65 on Tuesday and made a new high of 52 weeks.
The company has got the work of building a new jail
RPP Infra Projects has got the work of building a new district jail in Hathras, Uttar Pradesh. The company has got this project on Engineering, Procurement and Construction (EPC) model. RPP Projects has to complete this work in 18 months and the total project cost is Rs 158.82 crore. Apart from this, the company has also got the work of building a new district jail in Jaunpur, Uttar Pradesh. The company also has to do this work in EPC mode and this project is worth Rs 152.11 crore.
There was a huge rise in the share of ₹ 40, there was a rush to buy, the price increased by 2600%
Shares rose by more than 175% in one year
Shares of RPP Infra Projects have risen by more than 175 percent in the last one year. The company’s shares were at Rs 60.11 on July 10, 2023. Shares of RPP Infra Projects have reached Rs 165.80 on 9 July 2024. In less than last 3 months, shares of RPP Infra Projects have increased by more than 55%. The company’s shares were at Rs 106.95 on April 15, 2024. Shares of RPP Infra Projects closed at Rs 165.80 on July 9, 2024.
Investors became rich after getting 6 free shares, profit of ₹ 11.81 lakh, share came at ₹ 211
what does the company do
RPP Infra Projects specializes in infrastructure development. The company’s focus is on projects like highways, roads and bridges. The company offers engineering, procurement and construction (EPC) services for civil construction and infrastructure projects. The total market cap of this smallcap civil construction company is Rs 629 crore.
