Shares of RPP Infra Projects were locked at a 5% upper circuit on 26 September after the company announced winning orders worth Rs 482.37 crore.

The company secured an order from Chennai Petroleum Corporation Limited for the drain works-1 of the company at Nagapattinam in Tamil Nadu for an order value of Rs 300.44 crore that has to be executed in the next 12 months.

The company also secured an order to construct a stormwater drain from Pon Subbiah Nagar to Loorthammalpuram Main Road in Tuticorin, and the order is worth Rs 16.88 crore, and has to be completed in 12 months period.

The company also received a contract worth Rs 90.18 crore from the Defence Research & Development Organization for civil works and allied services for an engine test facility, along with ancillary work for GRTE at Rajankute in Karnataka.

The order has to be completed within 23 months.

The company’s JV (joint venture) with Sun Construction has received a letter of acceptance for a new project worth Rs 74.87 crore for a new project – Twad-Improvement CWSS to Pudukkottai municipality and three town panchayats and 15 wayside habitations in Pudukkottai district, Tamil Nadu.

At 10:55 am, the shares of RPP Infra Projects were locked at Rs 71.15 or 4.94% above its previous close on NSE.