India's RPP Infra at near 1-1/2 year high on order wins

RPP Infra Projects

06/07/2023 05:02

** Shares of RPP Infra Projects Ltd  RPPI.NS  jump as much
as 17.2% to 66.50 rupees, their highest since Feb, 2022
    ** Stock logs its biggest intraday pct gain since Jan. 11
    ** Construction co on Wednesday said it received several
orders worth 2.89 bln rupees ($35.1 mln)
    ** About 1.4 mln shares change hands by 9:29 a.m. IST, 4.1x
the 30-day avg - Refinitiv Data
    ** Stock up ~40% this year as of last close



($1 = 82.4030 Indian rupees)

 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com))