{"id":2934,"date":"2024-07-09T09:35:54","date_gmt":"2024-07-09T09:35:54","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=2934"},"modified":"2024-07-09T09:36:35","modified_gmt":"2024-07-09T09:36:35","slug":"rpp-infra-projects-secures-%e2%82%b9310-crore-in-orders-shares-surge-11","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/rpp-infra-projects-secures-%e2%82%b9310-crore-in-orders-shares-surge-11\/","title":{"rendered":"RPP Infra Projects Secures \u20b9310 Crore in Orders, Shares Surge 11%"},"content":{"rendered":"\n<p>Shares of RPP Infra Projects Ltd. soared by as much as 11% on Tuesday following the announcement of new order wins totalling \u20b9310 crore.<\/p>\n\n\n\n<p>The company received a Letter of Acceptance for the construction of a new district jail in Hapur, Uttar Pradesh, under an Engineering, Procurement, and Construction (EPC) model. This project is valued at \u20b9158.82 crore, inclusive of GST, and will have a capacity to accommodate 1,026 inmates, according to the company&#8217;s exchange filing.<\/p>\n\n\n\n<p>In addition to the Hapur project, RPP Infra Projects secured another contract for constructing a new district jail in Jaunpur, Uttar Pradesh, also under the EPC model. This contract is worth \u20b9152.11 crore. Both projects are scheduled for completion over an 18-month period.<\/p>\n\n\n\n<p>As of June 30, 2024, RPP Infra Projects&#8217; total order book stands at \u20b93,200 crore.<\/p>\n\n\n\n<p>Following the news, shares of RPP Infra Projects are trading 11% higher at \u20b9159.25, bringing the company&#8217;s market capitalization to over \u20b9600 crore. The stock has increased by just over 30% in 2024, including today&#8217;s surge, and has more than doubled in value over the past 12 months, rising 165%.<\/p>\n\n\n\n<p><em>Do you have a news tip for Lakshmishree reporters? Please email us at\u00a0<a href=\"mailto:media@lakshmishree.com\" target=\"_blank\" rel=\"noreferrer noopener\">media@lakshmishree.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of RPP Infra Projects Ltd. soared by as much as 11% on Tuesday following the announcement of new order wins totalling \u20b9310 crore. The company received a Letter of Acceptance for the construction of a new district jail in Hapur, Uttar Pradesh, under an Engineering, Procurement, and Construction (EPC) model. This project is valued [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[70],"class_list":["post-2934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-rpp-infra-projects"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/2934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=2934"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/2934\/revisions"}],"predecessor-version":[{"id":2937,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/2934\/revisions\/2937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/2935"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=2934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=2934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=2934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}