AVP Infra partnership firm AVP RMC Inaugurates 3rd RMC Plant in Dharapuram

AVP Infra, through its partnership firm AVP RMC, has successfully inaugurated its third Ready Mix Concrete (RMC) Plant. Located at Merku Thottam, Oddanchatram road, Koneripatti, Dharapuram TK, Tripur District. Tamil Nadu, the new facility marks a significant expansion for the company in the region.

This plant aims to meet the increasing demand for RMC across Dharapuram, Palani, Oddanchatram, Udumalaipet, and Kangeyam areas of Tamil Nadu. The inauguration on July 12, 2024, underscores AVP Infra's commitment to enhancing its operational footprint and serving its customer base effectively.

Read the full Announcement Here

Market Reaction

Investors responded cautiously to AVP Infra's recent announcement on the National Stock Exchange (NSE). Following the update regarding AVP RMC's inauguration of its third Ready Mix Concrete (RMC) Plant in Dharapuram, AVP Infra's stock (AVPINFRA) showed a mixed market reaction. 

On July 12, 2024, the stock opened at ₹135.00, reached a high of ₹137.00, and dipped to a low of ₹133.00 before closing at ₹133.55. This movement reflects the market's assessment of the company's strategic expansion amidst broader economic considerations. We will have to see how the market is going to react on Monday when the market opens.  

Get the share value on NSE Here

AVP Infra  

AVP Infracon, formerly AVP Constructions (P) Ltd., established in 2009, aims to be a leading infrastructure company in India. With a decade of experience, the company has successfully delivered diverse projects and earned a reputation as a trusted firm in the industry.

Specializing in road construction, highways, bridges, and flyovers, AVP Infracon is committed to contributing significantly to the country's infrastructure development. Their clientele includes prestigious entities such as the Greater Chennai Corporation, NHAI, Tamil Nadu PWD, Tamil Nadu Highways Department, and the Ministry of Road Transport & Highways, reflecting their broad expertise and capability in infrastructure services.

AVP RMC

AVP RMC is a leading supplier of ready mix concrete across South India, renowned for its top-quality products and extensive network. Operating in key cities like Tirupur, Trichy, Coimbatore, Chennai, and Chengalpattu, AVP RMC has solidified its position as a trusted name in the industry.

They are known for delivering superior concrete solutions with a steadfast commitment to quality and competitive pricing. With decades of experience, AVP RMC continues to excel in providing tailored RMC mixes that meet diverse construction needs, ensuring reliability and excellence in every project they undertake.