Rs 2,994 crore order book: Civil construction company bags new order worth Rs 9,47,00,000 from Thoothukudi City Municipal Corporation

The stock is up 62.2 per cent from its 52-week low of Rs 101.75 per share

RPP Infra Projects Ltd has announced the acquisition of a new order valued at Rs 9.47 crore, inclusive of GST, for the construction of a modern District Central Library in Dhanasekar Nagar, Thoothukkudi Municipal Corporation. The Letter of Acceptance for this domestic project was received today from the Commissioner of the Thoothukkudi City Municipal Corporation, and the project is slated for completion within a 12-month timeframe.

About the Company

RPP Infra Projects Limited, established in 1995, is a prominent player in the Indian construction sector. The company specialises in an array of infrastructure projects, including roads, bridges, buildings, industrial structures, power generation, irrigation systems, and waste management. With a strong focus on EPC (Engineering, Procurement, and Construction) projects, RPP Infra has a diversified portfolio encompassing highways, roads, bridges, civil construction for water management, irrigation, mass housing, and power projects. The company boasts a successful track record, having executed over 200 civil construction projects across southern states like Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh.

As of December 2024, the company has an order book of Rs 2,994 crore. Regarding finances, RPP Infra Projects has a market cap of Rs 628.52 crore. The company reported amazing numbers in its Quarterly Results (Q3FY25) and annual results (FY24). The company’s shares have a PE of 12x whereas the industry PE is 22x. The stock is up 62.2 per cent from its 52-week low of Rs 101.75 per share

Disclaimer: The article is for informational purposes only and not investment advice.