Arisinfra Solutions bags ₹35 crore asphalt order via subsidiary
ARIS · price
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On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.6 pts less than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Arisinfra Solutions, through its subsidiary Buildmex-Infra Private Limited, has secured an asphalt supply and execution order worth about ₹35 crore from domestic entity Goswami Infra Projects Private Limited. The order is to be executed within 12 months. The awarding entity is a domestic private company with no promoter or related party interest in Arisinfra.
Adds about ₹35 crore to the order book, to be executed within 12 months. Positive for revenue visibility, though size relative to total revenue is not stated.