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RPP Infra Projects in Focus After Securing ₹1.43 Crore Elevator Contract from NLC India

RPP Infra Projects wins ₹1.43 crore contract from NLC India for installing a Kone stretcher-cum-passenger elevator at NNTPS.

RPP Infra Projects’ share price is likely to stay in focus on August 1, 2025, after the company announced a fresh order win from NLC India Limited. The contract, valued at ₹1.43 crore, is for the supply, erection, testing, commissioning, and certification of one Kone make stretcher-cum-passenger elevator for a service building at Neyveli New Thermal Power Station (NNTPS). The scope of work also includes associated civil and electrical works.

The receipt of the letter of acceptance confirms the formal awarding of the project, further strengthening RPP Infra’s foothold in niche infrastructure installations within public sector undertakings.

On July 31, 2025, shares of RPP Infra Projects closed at ₹124.28, up 0.48%, with an intraday low of ₹118.60 and high of ₹126.39, based on NSE data. Trading volume stood at 40,029 shares.

While the order size is relatively small, such recurring contracts enhance the company’s credibility and reinforce its execution capabilities in high-compliance infrastructure segments like elevators in public facilities.

Investors will be watching the stock for any momentum driven by this development, especially given the company’s track record of consistently securing PSU-led infrastructure projects.

7:41 am

1 August 2025

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