ARSS Infrastructure Projects is currently trading at Rs. 88.75, up by 4.25 points or 5.09% from its previous closing of Rs. 84.50 on the BSE.
The scrip opened at Rs. 89.85 and has touched a high and low of Rs. 92.00 and Rs. 88.50 respectively. So far 2,66,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.95 on 13-Jul-2016 and a 52 week low of Rs. 27.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 92.00 and Rs. 84.00 respectively. The current market cap of the company is Rs. 131.51 crore.
The promoters holding in the company stood at 18.86%, while Institutions and Non-Institutions held 0.42% and 80.72% respectively.
ARSS Infrastructure Projects has bagged a work order amounting to Rs 135.45 crore. The work order has been awarded in favour of one of its Joint Venture (JV) namely ‘ARSS-SIPS’ by South East Central Railway, Office of the Chief Admin Officer (Con.), Bilaspur.
The work order is for soil investigation, design of bridges, execution of earth work, minor bridges, major bridges, RUBs, extension of FOB, Staff Quarters and other service buildings, supply of ballast and other miscellaneous works in Lajkura-Raigarh section in connection with the construction of 4th line between Jharsuguda – Bilaspur.
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.
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