RPP Infra Projects jumps on 11 bln-rupee contract win

Bharat Heavy Electricals

01/09/2025 10:34

** Shares of RPP Infra Projects RPPI.NS surge 20% to 157 rupees

** Infra developer bags 11.26 bln-rupee ($128.68 million)contract from Bharat Heavy Electricals BHEL.NS

** Order involves fabrication and supply of factory-finished steel structures to various BHEL sites across India

** Stock sees busiest session since Dec 17, 2024, with trading volume at nearly 11x 30-day avg

** Stock down 18.7% YTD

($1 = 87.5060 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))