RPP Infra Projects
has secured an LoA (Letter of Acceptance) worth Rs105.7cr on from the Tamil Nadu Slum Clearance Board for construction of 972 tenements at Moorthingar Street in Chennai. This project falls under the prestigious Housing for All (PMAY) scheme of the Government of India, the company said in the filing.
The company's order book at the end of Q3FY19 stood at over Rs1,555cr, after which, it has won new orders worth over Rs490cr.
RPP Infra Projects Ltd share price is currently at Rs106.30, down Rs0.65, or 0.61%, from its previous close of Rs106.95 on the BSE. The scrip opened at Rs111.95 and has touched a high and low of Rs111.95 and Rs104.50, respectively.