India's RPP Infra Projects hits 4-yr high on multiple order wins

RPP Infra Projects

16/11/2023 08:33

** Shares of RPP Infra Projects  RPPI.NS  rise as much as 2%
to 98.15 rupees, highest since June 25, 2019
    ** Co won orders worth 808.5 mln rupees ($9.7 mln), 297.5
mln rupees ($3.6 mln)and 228.8 mln rupees ($2.6 mln) from 
various entities
    ** Stock on track to rise in seventh straight session, if
trend holds
    ** Nearly 182,000 shares change hands as of 1:56 p.m. IST,
1.3X the 30-day moving average
    ** Stock up 2.4X YTD
    
($1 = 83.2020 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))