BSEARSS Infrastructure Projects LtdHighPositive
Announced Mon, 29 Jun · 19:14 IST
ARSS Infra bags Rs 51.60 Cr road over bridge order from East Coast Railway
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
ARSS Infrastructure Projects has received a work order worth Rs 51.60 crore from East Coast Railway for construction of a Road Over Bridge on the Khurda-Puri line in Odisha. The scope includes composite girders for the railway portion and RCC girders for approach sections between Motari and Kanas Road stations. The project has a 24-month completion timeline. The order is domestic and not a related party transaction.
Likely market impact
Adds to order book and gives revenue visibility for next 24 months, though execution and working capital risks remain.