ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionHighPositive
Announced Fri, 23 Oct, 2026 · 17:07 IST
ARSS SCPL JV receives Rs 239.60 crore railway order
Price reaction
Awaiting price reaction for this filing.
AI summary
ARSS SCPL JV received a Rs 239.60 crore work order from East Central Railway for doubling 29.5 km of railway track between Kathuatia and Hazaribagh Town under the Koderma-Arigada project. The domestic contract covers bridges, tracks, platforms, stations and related buildings. It is to be executed within 730 days from the appointed date.
Likely market impact
The order strengthens the joint venture's future work pipeline, but earnings will depend on execution, costs and the company's share of the contract.