RPP Infra Projects Secures Order from Bhabha Atomic Research Centre
ECONOMY & POLICY

RPP Infra Projects Secures Order from Bhabha Atomic Research Centre

Shares of RPP Infra Projects surged by up to 2.88%, reaching an intraday high of Rs 169.45. This increase followed the announcement that the construction company had secured an order valued at Rs 21.83 billion from the Bhabha Atomic Research Centre (BARC) for its Nuclear Recycle Board.

In an official exchange filing, RPP Infra Projects confirmed that it had received a letter of acceptance (LOA) for a project at the FRFCF site in Kalpakkam, Tamil Nadu. The contract includes the construction of service supporting structures, RCC culverts, sewer lines, and other associated works between Buildings 503, 401, 306, and 307 at the project site.

The project, with a timeline of 18 months for completion, adds to the company's growing portfolio of infrastructure work. RPP Infra Projects has made significant strides in sectors like roads, urban infrastructure, and irrigation, with major involvement in national schemes such as Bharat Mala, Smart Cities, and the Pradhan Mantri Gram Sadak Yojana.

The company, which operates extensively in South India across Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana, has a market capitalisation of Rs 638.80 billion. The company's 52-week stock high is Rs 235.45, while its low is Rs 89.13. At 12:25 PM on the day of the announcement, RPP Infra Projects' shares were trading at Rs 167.50, 1.70% higher than the previous day, with the BSE Sensex rising 1.14% to 78,038.38.

Shares of RPP Infra Projects surged by up to 2.88%, reaching an intraday high of Rs 169.45. This increase followed the announcement that the construction company had secured an order valued at Rs 21.83 billion from the Bhabha Atomic Research Centre (BARC) for its Nuclear Recycle Board. In an official exchange filing, RPP Infra Projects confirmed that it had received a letter of acceptance (LOA) for a project at the FRFCF site in Kalpakkam, Tamil Nadu. The contract includes the construction of service supporting structures, RCC culverts, sewer lines, and other associated works between Buildings 503, 401, 306, and 307 at the project site. The project, with a timeline of 18 months for completion, adds to the company's growing portfolio of infrastructure work. RPP Infra Projects has made significant strides in sectors like roads, urban infrastructure, and irrigation, with major involvement in national schemes such as Bharat Mala, Smart Cities, and the Pradhan Mantri Gram Sadak Yojana. The company, which operates extensively in South India across Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana, has a market capitalisation of Rs 638.80 billion. The company's 52-week stock high is Rs 235.45, while its low is Rs 89.13. At 12:25 PM on the day of the announcement, RPP Infra Projects' shares were trading at Rs 167.50, 1.70% higher than the previous day, with the BSE Sensex rising 1.14% to 78,038.38.

Next Story
Infrastructure Urban

Dishman Carbogen, Client to Invest CHF 25M to Expand Swiss Sites

The Company’s subsidiary, CARBOGEN AMCIS AG, a pharmaceutical process development and Active Pharmaceutical Ingredient (API) and drug products manufacturing company, is pleased to announce a strategic co-investment of more than CHF 25 million with a long-standing Japanese customer to expand manufacturing capabilities at its sites in Aarau and Neuland, Switzerland.The investment will support the production of a drug linker for a commercial antibody-drug conjugate (ADC), enabling CARBOGEN AMCIS to meet rising global demand. As part of the agreement, both facilities will see significant equipme..

Next Story
Infrastructure Energy

RITES and HCL Sign MoU to Develop Critical Mineral Supply Chain

RITES, the leading Transport Infrastructure Consultancy and Engineering firm, today signed a Memorandum of Understanding (MoU) with Hindustan Copper (HCL), a CPSE under the Ministry of Mines, to jointly develop a rapid, reliable, and sustainable supply chain of metals and minerals, including critical minerals in India and overseas.The partnership will focus on exploration, extraction, refining, and production activities in India and overseas, leveraging the technical and financial strengths of both organisations. The collaboration includes participation in mineral block auctions and developmen..

Next Story
Infrastructure Urban

Advanta Seeds Divests Serra Bonita Assets and Expands Ties in Brazil

Advanta Comércio de Sementes, a global seed company, part of UPL Group, announces that Serra Bonita Sementes, a Brazilian associate company in which Advanta holds a 33 per cent stake, has entered into an agreement for the sale of all its assets for a total consideration of $125 million, subject to closing adjustments.This strategic transaction reflects UPL’s continued focus on optimizing its asset portfolio and unlocking value. The sale proceeds will be received by Serra Bonita and are expected to be fully disbursed to its shareholders in the next few months.. Until the completion of this p..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?