ARSS Infra Projects Jumps on Rs.183 Crore Railway Order

भुवनेश्वर Bhubaneswar (BBS): ARSS Infrastructure Projects, a construction company, witnessed a rise in share price on Wednesday after it had bagged order worth Rs.1.83 Billion from the Indian Railways.  ARSS Infrastructure Projects in a statement to the Bombay Stock Exchange said that it has received order for construction of roadbed and bridges.

It has received order for construction of roadbed and bridges. The company said that it has also received orders for track linking, signalling and track doubling along Lakhana-Arand and Raipur-Titagarh section in Odisha and Chhattisgarh respectively.

Shares of the Company gained Rs.2.15, or 4.30% to trade at Rs.52.20 at the BSE (10.20 a.m., Wednesday).  However ARSS Infra advanced over 7 per cent to Rs 54 in opening trades on Wednesday after the company said that it had bagged order worth Rs 183.2 crore order from the Indian Railways.

At 9:50 AM, shares of ARSS Infrastructure Projects were trading higher by 4.3 per cent at Rs 52.20.

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