RPP Infra Projects witnessed a sharp rise in share price on Monday after the company has been awarded a contract for Tamil Nadu Sustainable Urban Development Project (TNSUDP), Integrated Storm Water Drain (ISWD) funded by World Bank for construction of Integrated Storm Water Drain in Coovum Watershed of Coovum Basin in expanded area of Chennai Corporation (Package 5) for Rs 456 million.

Shares of the company are trading at Rs 116, up Rs 5.15, or 4.65% at the Bombay Stock Exchange (BSE) on Monday at 12:10 p.m.

Total volume of shares traded on the bourses today was higher by 693.09% to 224,765 compared with 22-day average volume of 28,340.