RPP Infra Projects lists at Rs 75 on NSE
RPP Infra Projects listed on a flat note at Rs 75 on the NSE. After briefly slipping below the issue price, the stock bounced back in the green.
At 9:35 am, the scrip was at Rs 77.95, up Rs 2.95 or 3.93 per cent. It touched a high of Rs 80.50 and low of Rs 69.75. Around 62.12 lakh shares were traded in the counter.
On the BSE, the scrip was at Rs 77.85, up Rs 2.85 or 3.80 per cent. It hit a high of Rs 80.40 and low of Rs 68 in early trade on 51.07 lakh shares.
The company plans to use proceeds to for investment in Built-Operate-and-Transfer (BOT) projects set up through the Special Purpose Vehicles (SPVs) route.
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