 "RPP Infra gains on winning new order")
Shares of RPP Infra Projects surged 9% to Rs 161 on the National Stock Exchange (NSE) after the company said it has bagged new order worth Rs 46.53 crore from Hindustan Prefab Ltd an Government of India Enterprise.
The order is for construction of 2071 prefabricated toilet blocks for government schools in the state of Andhra Pradesh, RPP Infra Projects said in a statement.
“This order is part of the dream project of our Prime Minister Shri Narendra Modiji’s “Swacha Bharat Abhiyan” and providing basic necessity to all Indians. We are expecting few more this kind of order in coming future,” said Mr Atul Sundaram, CMD – RPP Infra Projects.
The stock opened at Rs 158 and touched a high of Rs 163 on the NSE. A combined 136,508 shares changed hands on the counter on the NSE and BSE till 1017 hours.
The order is for construction of 2071 prefabricated toilet blocks for government schools in the state of Andhra Pradesh, RPP Infra Projects said in a statement.
“This order is part of the dream project of our Prime Minister Shri Narendra Modiji’s “Swacha Bharat Abhiyan” and providing basic necessity to all Indians. We are expecting few more this kind of order in coming future,” said Mr Atul Sundaram, CMD – RPP Infra Projects.
The stock opened at Rs 158 and touched a high of Rs 163 on the NSE. A combined 136,508 shares changed hands on the counter on the NSE and BSE till 1017 hours.