RPP Infra Projects Secures ₹809.8 Million in New Orders, Boosting Order Book to 5x Market Cap

RPP Infra Projects Limited has clinched two significant contracts totaling ₹809.8 million, reinforcing its position in the infrastructure sector. The company bagged a ₹108.80 crore order from SIPCOT for developing infrastructure at the Mega Leather Park in Ranipet, Tamil Nadu, including customs offices and water supply systems. This follows a recent ₹62.78 crore contract for widening the Avinashi-Mettupalayam Road. With these additions, RPP Infra's order book has surged to ₹3,174 crore, nearly five times its current market capitalization of ₹585 crore, signaling strong growth potential despite recent stock price pressures.

 

Sources: NSE, BSE, RPP Infra Projects Limited official website