India's RPP Infra Projects rises on 1.27 bln-rupees order win

Vishnu Prakash R Punglia

14/10/2024 11:03

** Shares of RPP Infra Projects  RPPI.NS  rise 5% to 186.5
rupees
    ** Construction co gets order worth 1.27 bln rupees ($15
mln) in joint venture with Surendra Infrastructure to improve
roads in Maharashtra state
    ** Stock trading above its 200-day moving avg since June 5,
indicating bullish sentiment
    ** RPPI up ~61% so far this year vs peer Vishnu Prakash R
Punglia's  VISH.NS  ~28% rise


($1 = 84.0310 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))