Synopsis:

RBM Infracom is in focus after securing an order worth Rs 32.06 crore from Indian Oil Corporation for the piping and structural work unit under the Lupech Project at IOCL’s Gujarat Refinery.

The shares of this company engaged in providing construction, maintenance, and turnaround services are in focus after securing a key order from IOC. In this article, we will dive more into the details.

With a market capitalization of Rs 432 crore, the shares of RBM Infracon Ltd made a day high of Rs 443.40 per share, up by 2 percent from its previous day closing price of Rs 435.45 per share. In the last one year, the stock has corrected by almost 50 percent, as compared to NIFTY 50’s positive return of 2.4 percent.

About the Order

RBM Infracon, through a stock exchange filing, announ

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