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The project involves the appointment of the contractor for the design, engineering, procurement and construction (EPC) of the proposed Global Sports City. The contract is to be executed within 18 months from the date of handing over of the site and is subject to standard terms and a performance security clause.
The company clarified that neither the promoters nor the promoter group have any interest in the awarding entity. It also stated that the contract does not fall under related party transactions.
RPP Infra Projects, incorporated in 1995, is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and waste management.
The company’s consolidated net profit slipped 96.4% to Rs 0.67 crore in Q3 FY26 as against Rs 18.87 crore in Q3 FY25. Revenue from operations 6.9% year on year to Rs 379.73 crore in Q3 FY26.
The total value of the work order stands at Rs 52,17,05,486 and the project is scheduled to be completed within 12 months.
The company clarified that none of its promoters or promoter group entities have any interest in the awarding authority. It further stated that the contract does not qualify as a related-party transaction under applicable regulatory norms.
R P P Infra Projects is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation, and water management and has executed many projects.
The company’s consolidated net profit fell 96.4% to Rs 0.67 crore on a 6.9% rise in revenue from operations to Rs 379.73 crore in Q3 FY26 over Q3 FY25.
Media shares extended their rally for a fourth consecutive session.
At 10:25 ST, the barometer index, the S&P BSE Sensex jumped 133.24 points or 0.16% to 85,658.08. The Nifty 50 index advanced 46.55 points or 0.19% to 26,225.35.
The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index climbed 0.33% and the S&P BSE Small-Cap index added 0.23%.
The market breadth was positive. On the BSE, 2,095 shares rose and 1,524 shares fell. A total of 206 shares were unchanged.
The stock market will be closed tomorrow, 25 December 2025, on account of Christmas.
Buzzing Index:
The Nifty Media index jumped 0.65% to 1,422.75. The index rallied 2.12% in the four consecutive trading sessions.
Nazara Technologies (up 3.15%), Prime Focus (up 2.23%), D B Corp (up 0.9%), Saregama India (up 0.78%), Zee Entertainment Enterprises (up 0.47%), PVR Inox (up 0.44%) and Tips Music (up 0.07%) advanced.
Stocks in Spotlight:
ACME Solar Holdings gained 1.10% after the company said it has received a Letter of Award from REMC to set up a 130 MW renewable energy Round-the-Clock (RTC) power project.
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) rose 0.52%. The company said that it has awarded a contract worth Rs 0360 crore to Toyo Engineering India for the supply of an Ammonium Nitrate-II plant on a LEPC (lump-sum engineering, procurement & construction) basis.
RPP Infra Projects declined 2.15%. The company announced that it has received a Letter of Acceptance (LoA) worth Rs 66.25 crore from Indian Port Rail & Ropeway Corporation (IPRCL), a Government of India enterprise under the Ministry of Ports, Shipping & Waterways.
The total accepted contract value stands at Rs 66,25,85,000. The project is scheduled to be completed within six months from the date of commencement.
The company disclosed the development to the exchanges on Tuesday, 23 December 2025, after market hours.
RPP Infra Projects is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation, and water management and has executed many projects.
The company’s consolidated net profit fell 27% to Rs 13.82 crore on a 19.7% jump in revenue from operations to Rs 316.79 crore in Q2 FY26 over Q2 FY25.
Shares of RPP Infra Projects slipped 2.15% to Rs 104.75 on the BSE.
Shares of R P P Infra Projects shed 0.88% to close at Rs 107.50 on the BSE.
PSU Bank stocks jumped for second consecutive trading session.
At 10:25 IST, the barometer index, the S&P BSE Sensex, jumped 247.09 points or 0.29% to 85,953.76. The Nifty 50 index climbed 67.65 points or 0.25% to 26,272.95.
The Nifty 50 and the Sensex hit fresh all-time highs in early trade at 26,325.80 and 86,026.18, respectively, while the Bank Nifty also scaled a new record high of 59,804.65.
In the broader market, the S&P BSE Mid-Cap index rose 0.23% and the S&P BSE Small-Cap index added 0.50%.
The market breadth was positive. On the BSE, 2,204 shares rose and 1,519 shares fell. A total of 283 shares were unchanged.
The Nifty PSU Bank index rose 1.04% to 8,603.25. The index jumped 1.19% in the two consecutive trading sessions.
Bank of Baroda (up 2.09%), Bank of Maharashtra (up 1.52%), Punjab & Sind Bank (up 1.51%), Central Bank of India (up 1.38%) and Indian Bank (up 1.35%), Indian Overseas Bank (up 1.31%), Union Bank of India (up 1.14%), UCO Bank (up 1.01%), Punjab National Bank (up 0.95%) and Bank of India (up 0.62%) advanced.
R P P Infra Projects rallied 4.76% after the company announced that it has received a Letter of Acceptance worth Rs 69.36 crore from the Office of the Superintending Engineer, Chennai Circle, Anna Salai, for a new road development project.
Bajaj Auto advanced 1% after the company reported 8% increase in total auto sales for November 2025, selling 4.53 lakh units as against 4.21 lakh units sold in November 2024.
Godrej Properties rose 0.18%. The company said that it has emerged as the highest bidder for nearly 5-acre land parcel that is based in Neopolis, Kokapet, Hyderabad.
The project is scheduled to be completed within 12 months.
RPP Infra Projects is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and water management and has executed many projects.