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

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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.