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ARSS Infrastructure surges on bagging order worth Rs 142.79 crore

01 Apr 2016 Evaluate

ARSS Infrastructure Projects is currently trading at Rs. 33.80, up by 1.20 points or 3.68% from its previous closing of Rs. 32.60 on the BSE.

The scrip opened at Rs. 33.50 and has touched a high and low of Rs. 34.55 and Rs. 33.30 respectively. So far 70,045 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.60 on 05-Jan-2016 and a 52 week low of Rs. 21.50 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 34.70 and Rs. 32.10 respectively. The current market cap of the company is Rs. 50.10 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 won a work order amounting to Rs 142.79 crore for construction of Road Bed, Station Buildings, Passenger Amenities, Minor Bridges, General Electrical works in connection with new BG Rail line from Nuagaon Km 68.300 to Paradeep Km 81.200 on Khurda Road Division of East Coast Railway in the State of Odisha, India (Package 2C). The contract was awarded to the company by Rail Vikash Nigam (RVNL) (a Government of India Enterprise) on March 30, 2016.

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.


ARSS Infra Project Share Price

54.84 0.00 (0.00%)
03-Sep-2025 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

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