RPP Infra Projects announced that it has bagged an order worth Rs 458 million from Karnataka Slum Development Board for construction of 795 ground floor dwelling units in Krishnaraja area, Mysore city under Rajiv Awas Yojana.
The project needs to be completed in 24 months.
Arul Sundaram, chairman and managing director, RPP Infra Projects said, "We are envisage a big growth for infrastructure sector in India in the coming days and our company is well poised to garner a sizable share of this growth."
Shares of the company gained Rs 7.6, or 5.33%, to trade at Rs 150.10. The total volume of shares traded was 45,760 at the BSE (10.31 a.m., Thursday).