Stock Report

ARSS Infrastructure Projects Ltd bags Rs. 89.84 crore order in JV



Posted On : 2020-09-01 13:38:11( TIMEZONE : IST )

ARSS Infrastructure Projects Ltd bags Rs. 89.84 crore order in JV

A work order of Rs. 89,84,72,565/- (Rupees Eighty Nine Crores Eighty Four Lakhs Seventy Two Thousand Five Hundred and Sixty Five Only) for 'Package-5B - Construction of Major bridges and ROBs/RUBs in Connection with 3rd line of track between Gotlam (Incl.) (KM461.252)-Vizianagaram (Inc) (KM818.65 on HWH-VSKP Main Line) and in connection with Construction of New Single Line BG track in connection with Bye Pass Line between Gotlam (Excl) (KM 461.252)-Nellimarla Junction cabin (KM 812/6-8 on HWH-VSKP Main Line) in connection with Titlagarh -Vizianagaram 3rd Line Project in Waltair Division of East Coast Railway, Andhra Pradesh state, India.' have been awarded in favour of one of our Joint Venture(JV) named 'ARSS-ROYAL(JV) ' By Rail Vikas Nigam Limited on 31.08.2020.

Shares of ARSS INFRASTRUCTURE PROJECTS LTD. was last trading in BSE at Rs.15.24 as compared to the previous close of Rs. 14.96. The total number of shares traded during the day was 86821 in over 143 trades.

The stock hit an intraday high of Rs. 15.7 and intraday low of 14.99. The net turnover during the day was Rs. 1353987.

Source : Equity Bulls

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