New Delhi, Dec. 3 -- RPP Infra Projects, engaged in construction across multiple infrastructure verticals, saw a significant spike in its shares in Wednesday's trade, December 3, rising 8% to Rs.115.60 apiece. Though the stock opened with solid gains, it failed to maintain the momentum and erased most of the opening gains but still trades 1.50% higher at Rs.108.90 as of 11:45 a.m.
The rally triggered after the company secured another order, further strengthening the size of its order book. In a regulatory filing, post-market hours on Tuesday, the company said it secured a Rs.26 crore order from the Office of the Superintending Engineer (Highways) Construction and Maintenance, Tiruvannamalai Circle, Tamil Nadu.
The contract is for wideni...
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