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HomeMarket NewsRPP Infra shares gain 5% on bagging orders worth ₹365 crore
The new order pertains to retrofitting work for providing water supply. The company's total work order now stands at ₹3,370.32 crore as on July 11, 2025.
The shares of RPP Infra rose 5% after the company announced that it had secured orders worth ₹365.85 crore in Rajasthan. In an exchange filing dated July 11, the company said the order was awarded to RPP-BCC IV, a joint venture in which RPP Infra holds a 51% stake.
The order pertains to retrofitting work for providing a water supply through Functional Household Tap Connections (FHTC) as per Jal Jeevan Mission (JJM) guidelines.
The project will supply water to 202 main habitations and 355 other habitations in the Ajmer Rural, Arain, and Silora blocks of Ajmer district, drawing from the Bisalpur Dam system. The company received the Letter of Acceptance (LoA) on July 10.
The contract also includes a one-year defect liability period followed by operation and maintenance for a duration of ten years. The work, to be executed under the supervision of the Public Health Engineering Department (PHED) in Rajasthan, is expected to be completed within 20 months from the 10th day after issuance of the work order. The order also includes operation and maintenance of the project for 10 years.
With the latest orders, the company's total order book stands at ₹3,370.32 crore.
Earlier in March, the company secured a ₹80.98 crore contract from the Chennai Metropolitan Water Supply and Sewerage Board. The project involves strengthening water infrastructure by constructing underground water tanks, setting up distribution stations, laying feeder mains, and replacing PVC water mains.
Prior to that, in October 2024, the company secured two key orders, including a ₹217.6 crore road improvement project in Maharashtra’s Jalgaon for the upgradation of the Kothore Digar–Satana–Malegaon–Chalisgaon–Pachora–Shendurni–Pahur–Wakadi road.
The company also bagged another ₹318.63 crore contract for the reconstruction and widening of bridges and culverts on the Alibag Bypass Road, along with the improvement of Pachorowadi-Shewale-Satgaon Road in Nashik.
The company's shares rose by ₹6.87 or 4.99%, hitting the upper circuit in the session on Friday (July 11). The stock has fallen close to 28% in the year so far.
(Edited by : Asmita Pant)
