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ARSS Infrastructure Projects climbs as JV bags work order worth Rs 195 crore

02 Jul 2019

ARSS Infrastructure Projects is currently trading at Rs. 39.20, up by 1.05 points or 2.75% from its previous closing of Rs. 38.15 on the BSE.

The scrip opened at Rs. 37.05 and has touched a high and low of Rs. 39.25 and Rs. 37.00 respectively. So far 3773 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.00 on 22-Apr-2019 and a 52 week low of Rs. 17.80 on 20-Jul-2018.

Last one week high and low of the scrip stood at Rs. 39.45 and Rs. 34.50 respectively. The current market cap of the company is Rs. 89.13 crore.

The promoters holding in the company stood at 46.70%, while Institutions and Non-Institutions held 0.41% and 52.89% respectively.

ARSS Infrastructure Projects’ Joint Venture (JV) --ARSS-THAKUR has won a work order of Rs 195,42,36,277.81 for 'Track Linking (Excluding Supply of Rails, Sleepers, Thick Web Switches), S & T and OHE works between Km. 47 to Km 97 in connection with construction of Angul-Sukinda New BG Rail Link of 58.961 Track Km between Rangamatia to Baghuapal including tie lines at Tomka (Package -2) from Rail Vikas Nigam on July 01, 2019.

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:

ARSS Infra Project Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323