ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionHighPositive
Announced Fri, 17 Jul · 18:56 IST
ARSS Infra bags Rs 52.66 cr railway 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 52.66 crore from East Coast Railway for constructing a Road Over Bridge on the Cuttack-Paradeep line under Khurda Road Division in Odisha. The project involves a 60-metre camel back truss girder, a 24-metre composite girder for the railway portion, and RCC girders for the approach portion. The work must be completed within 24 months. This is a domestic government contract awarded via tender.
Likely market impact
Positive: New Rs 52.66 cr government order strengthens order book. 24-month execution provides revenue visibility.