RPP Infra Projects is locked in upper circuit of 20% at Rs 60.40 after the company said it has won contracts from Tamil Nadu Civil Supplies Corporation (TNCSC) and Mangalore Special Economic Zone (MSEZ).
With the winning of this project, the company's order book has jumped to Rs 650 crore, RPP Infra Projects said in a regulatory filing.
The company has recently bagged a contract for Rs 28.50 crore for construction of scientific godown from TNSC Cap Storage Campus at Punalkulam in Pudukottai district in Tamil Nadu and secured additional orders for Rs 17 crore for smaller godowns across Tamil Nadu.
It has also won a contract for Rs 81.50 crore from (MSEZ for construction of boundary wall (balance) for MSEZ-Package 2 in Mangalore. The company is executing a project for MSEZ valued Rs 32 crore and, out of this, it had completed Rs 19 crore, it added.
The stock opened at Rs 54.95 and touched a low of Rs 54 in early morning deals on the BSE. A combined 156,463 shares already changed hands on the counter and there are pending buy orders for around 4,000 shares on the BSE and NSE at 1225 hours.
With the winning of this project, the company's order book has jumped to Rs 650 crore, RPP Infra Projects said in a regulatory filing.
The company has recently bagged a contract for Rs 28.50 crore for construction of scientific godown from TNSC Cap Storage Campus at Punalkulam in Pudukottai district in Tamil Nadu and secured additional orders for Rs 17 crore for smaller godowns across Tamil Nadu.
It has also won a contract for Rs 81.50 crore from (MSEZ for construction of boundary wall (balance) for MSEZ-Package 2 in Mangalore. The company is executing a project for MSEZ valued Rs 32 crore and, out of this, it had completed Rs 19 crore, it added.
The stock opened at Rs 54.95 and touched a low of Rs 54 in early morning deals on the BSE. A combined 156,463 shares already changed hands on the counter and there are pending buy orders for around 4,000 shares on the BSE and NSE at 1225 hours.
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