Rs 3,400 crore order book: Civil construction company bags new order worth Rs 21.83 crore from Bhabha Atomic Research Centre, Nuclear Recycle Board

The stock gave multibagger returns of 375 per cent in 2 years whereas BSE Sensex Index is up by 29 per cent.

On Friday, shares of RPP Infra Projects jumped 1.61 per cent to Rs 167.35 per share from its previous closing of Rs 167.40. The stock’s 52-week high is Rs 235.45 while its 52-week low is Rs 89.13.

RPP Infra Projects Ltd. has secured a significant contract valued at Rs 21.83 crore (including GST) from the Bhabha Atomic Research Centre, Nuclear Recycle Board. The project involves the construction of service supporting structures, RCC culverts, sewer lines, and associated works between Buildings 503, 401, 306, and 307 at the FRFCF project site in Kalpakkam, Tamil Nadu. This domestic contract is expected to be executed within eighteen months.

Earlier, the company RPP Infra Projects Ltd secured a contract worth Rs 38.32 crore from the State Industries Promotion Corporation of Tamil Nadu Limited. The project involves the construction of internal roads, RCC side drains, culverts, and street lights at the Mega Leather Park Panapakkam in Ranipet District, Tamil Nadu. The contract is domestic in nature, and the expected execution period is 11 months.

In 1995, RPP Infra Projects Limited was formed. It is involved in the construction of many infrastructure sectors such as roads, buildings, industrial structures, power, irrigation, and waste management. As of September 2024, the company has an order book of Rs 3,400 crore.

In terms of finances, RPP Infra Projects has a market cap of Rs 637 crore. The company reported amazing numbers in its Quarterly Results (Q2FY25) and annual results (FY24). The company’s shares have a PE of 13x whereas the industry PE is 25x. The stock gave multibagger returns of 375 per cent in 2 years whereas BSE Sensex Index is up by 29 per cent. Investors should keep an eye on this micro-cap stock.

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