RPP Infra bags euro 250 mn contract; stock up

MUMBAI: RPP Infra Projects has bagged a mass housing contract in Republic of Gabon to construct and deliver 10000 houses over 36 months in various phases. The project is on design, build and transfer model. The total contract is worth Euro 250 million.

The scrip was at Rs 67.35, up 8.37 per cent on the NSE. It touched a high of Rs 72.80 and low of Rs 62.90 in trade so far. Around 5.43 lakh shares were traded in the counter.