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ARSS Infrastructure touches the roof on bagging new order worth Rs 144.30 crore

30 Jun 2014

ARSS Infrastructure Projects is currently trading at its upper circuit limit of Rs. 64.55, up by 3.05 points or 4.96% from its previous closing of Rs. 61.50 on the BSE.

The scrip opened at Rs. 63.90 and has touched a high and low of Rs. 64.55 and Rs. 63.50 respectively. So far 78682 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 67.95 on 13-Jun-2014 and a 52 week low of Rs. 13.70 on 31-Jul-2013.

Last one week high and low of the scrip stood at Rs. 64.55 and Rs. 50.70 respectively. The current market cap of the company is Rs. 95.81 crore.

The promoters holding in the company stood at 18.86% while Institutions and Non-Institutions held 0.06% and 81.08% respectively.

ARSS Infrastructure Projects has bagged a work order of Rs 144.30 crore in railway sector in the state of Odisha. The company had recently received a new work order worth Rs 103.33 crore for Construction of Roadbed, Major and Minor bridges, Track Linking excluding supply of rails, ordinary track sleepers and thick web switches, outdoor signaling and electrical (general) works in connection with Doubling of Bolangir(Ex)-Titlagarh(IN) section (63.097Kms) part of Sambalpur-Titlagarh Doubling in Sambalpur Division of East Coast Railway in the state of Odisha.

ARSS Infrastructure Projects started as a construction company in the field of railway infrastructure development. The company has developed an expertise in railway construction projects, which include earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc.

Related ARSS Infrastructure Projects Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323