Announced Wed, 15 Jul · 21:26 IST
Arisinfra bags Rs 79.05 cr order from J. Kumar-NCC JV for GMLR tunnel project
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ARIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹106.81
prior close
₹108.41
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.8+11.7+9.4+6.6+3.8+6.8+11.5+10.7+16.1+16.6————
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AI summary
Arisinfra Solutions has secured a work order worth Rs 79.05 crores from J. Kumar-NCC (GMLR) JV, a 50:50 joint venture between J. Kumar Infraprojects and NCC Limited. The order involves loading, transportation, and disposal of excavated material from the Goregaon-Mulund Link Road twin tunnel project in Mumbai. The contract is domestic, valid until project completion, and is not a related party transaction.
Likely market impact
New contract worth Rs 79.05 cr boosts order book from reputed infra JV. Positive for revenue visibility.