Infra stock hits 5% upper circuit after receiving work order worth ₹81 CrInfra stock hits 5% upper circuit after receiving work order worth ₹81 Cr

Introduction:

Infra stock has secured a ₹80.98 crore contract from Chennai Metropolitan Water Supply and Sewerage Board to enhance water supply infrastructure. The project includes underground tanks, feeder mains, and stormwater drain works, strengthening its role in urban development and water management solutions.

Share Price movement of R.P.P Infra Projects:

On March 6, 2025, RPP Infra Projects Ltd opened at ₹138.09, reaching a high of ₹138.09, hitting a 5% upper circuit from its previous close of ₹131.52, and a low of ₹138.09. The stock is currently trading at ₹138.09, with a market cap of ₹525.93 crore.

R.P.P Infra Projects hits 5% upper circuit:

RPP Infra Projects Ltd has secured a new contract worth ₹80.98 crore from Chennai Metropolitan Water Supply and Sewerage Board. The project involves improving water supply infrastructure, including constructing underground tanks, laying feeder mains, and replacing PVC water mains across multiple areas in Chennai.  

The contract, classified as a domestic project, is set for completion within 12 months. It covers integrated stormwater drain works under the Kovalam Basin expansion in Greater Chennai Corporation’s Zone 15, funded by KfW. The project aims to enhance the city’s water distribution and drainage system.  

This contract does not involve any related-party transactions or promoter interests. RPP Infra Projects continues to strengthen its presence in the infrastructure sector by undertaking critical urban development projects, reinforcing its expertise in large-scale water supply and drainage system improvements.

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Recent news About R.P.P Infra Projects:

On March 3, 2025, RPP Infra Projects Ltd secured a ₹108.80 crore contract from SIPCOT for infrastructure development at Mega Leather Park, Ranipet. The 15-month project includes warehouses, medical facilities, and SEZ boundary work, reinforcing the company’s expertise in large-scale infrastructure projects.

Stock performance of R.P.P Infra Projects  for Period of 1 week, 6 months and 1 year:

Over the past week, R.P.P Infra Projects’ stock surged 8.31%, reflecting strong investor interest. However, over the last six months, the stock declined 41.5%, indicating volatility. Despite this, it delivered a 28.3% gain over the past year, showcasing long-term growth potential in the infrastructure sector.

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Shareholding pattern of R.P.P Infra Projects:

All values in %	Dec-24	Sep-24	Jun-24
Promoters	50.88	50.88	50.88
FII	0.8	0.48	0.49
Retail & others	48.31	48.64	48.62

About R.P.P Infra Projects :

R.P.P Infra Projects Ltd. is a leading infrastructure development company specializing in civil construction, roads, irrigation, and industrial projects. With expertise in large-scale projects, it caters to government and private sector clients, ensuring high-quality execution and sustainable infrastructure solutions across India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.