India's RPP Infra Projects rises on order win

Ircon International

23/04/2024 09:38

** Shares of RPP Infra Projects  RPPI.NS  up 5% at 121.55
rupees 
    ** Construction firm wins order worth 4.13 bln rupees 
(about $50 mln)
    ** Stock has been trading above its 200-day moving average
since last March
    ** Including session's gain, stock up 4.7% YTD, while peers
Ircon International  IRCN.NS  and NBCC (India)  NBCC.NS  are up
33.2% and 55.4%, respectively 

($1 = 83.3086 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))