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RRP Defense hits upper circuit on getting Letter of Intent from Kalyani Strategic Systems
Sep-16-2025

RRP Defense is currently trading at upper limit of Rs. 492.85, up by 9.65 points or 2.00% from its previous closing of Rs. 483.20 on the BSE.

The scrip opened at Rs. 492.85 and has touched a high and low of Rs. 492.85 and Rs. 492.85 respectively. So far 90 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 492.85 on 16-Sep-2025 and a 52 week low of Rs. 16.73 on 22-Oct-2024.

Last one week high and low of the scrip stood at Rs. 492.85 and Rs. 455.40 respectively. The current market cap of the company is Rs. 676.13 crore.

The promoters holding in the company stood at 1.85 % while Non-Institutions held 98.15% in the company.

RRP Defense has received the Letter of Intent from Kalyani Strategic Systems for 40 units of Hand-held Thermal Imager PR110 MF, including an immediate requirement of 14 units to be supplied by the end of the financial year 2025-26.

Further, the letter of intent also includes the supply of 26 additional units of Hand-held Thermal Imager PR110 MF, expected to be completed by the end of the financial year 2026-27. The price per unit shall be Rs 7 lakh, which shall aggregate to Rs 2.80 crore

RRP Defense was formerly known as Euro Asia Exports. The company's name change was approved by the Ministry of Corporate Affairs and a fresh Certificate of Incorporation was issued on June 2, 2025. The company is based in Gurugram, India, and is involved in trading various goods, including fabrics, embroidered sarees, shawls, and other traditional Indian wear.

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