Announced Thu, 16 Jul · 12:05 IST
Arisinfra wins Rs 79.05 Cr work order for Mumbai GMLR Twin Tunnel Project
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
₹113.44
base price
In-mkt
timing
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+0.7+0.7+0.7+0.5+3.8+6.8+11.5+10.7+16.1+16.6————
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AI summary
Arisinfra Solutions has secured a Rs 79.05 crore work order from J. Kumar-NCC (GMLR) JV for the Goregaon-Mulund Link Road Twin Tunnel Project in Mumbai. Scope covers end-to-end loading, transportation, and disposal of excavated tunnel material, including deployment of equipment, fleet management, and environmental compliance. The GMLR project features twin tunnels connecting Film City Goregaon to Mulund, aiming to improve east-west connectivity in Mumbai.
Likely market impact
Adds a sizable order to the book, boosting near-term revenue visibility in the growing infrastructure segment.