RPP Infra gets Rs 66.26 cr LOA from IPRCL for Mangalore Port roofing shed project

Government or defence orderBusiness Updates View source PDF Explain this filing

RPPINFRA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹107.84

prior close

₹110.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.8% vs market

Civil Construction peers, median of 97sector-0.2%-1.2% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.2 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RPP Infra Projects received a Letter of Acceptance from Indian Port Rail and Ropeway Corporation Ltd (IPRCL), a Government of India enterprise under the Ministry of Ports, Shipping and Waterways. The order is for detailed engineering, procurement and construction of roofing shed over railway lines in the marshalling yard at New Mangalore Port Authority, Mangalore. Contract value is Rs 66.26 crore plus GST. Completion period is 6 months from commencement, which must begin within 7 days of LOA.

Likely market impact

New government PSU order of Rs 66.26 cr strengthens order book. Short 6-month execution means faster revenue recognition.