ARSS Infrastructure Projects is currently trading at Rs. 67.40, up by 4.65 points or 7.41% from its previous closing of Rs. 62.75 on the BSE.
The scrip opened at Rs. 67.00 and has touched a high and low of Rs. 68.65 and Rs. 67.00 respectively. So far 44,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.95 on 13-Jul-2016 and a 52 week low of Rs. 31.50 on 22-Mar-2016.
Last one week high and low of the scrip stood at Rs. 68.65 and Rs. 62.45 respectively. The current market cap of the company is Rs. 100.34 crore.
The promoters holding in the company stood at 18.36%, while Institutions and Non-Institutions held 1.18% and 80.46% respectively.
ARSS Infrastructure Projects’ joint venture (JV) - ARSS-SIPS, has bagged a work order amounting to Rs 140.52 crore from Rail Vikas Nigam. The order is for execution of work of track linking (Excluding Supply of Rails, Thick Web Switches and PSC Lime sleeper) OHE, S&T and other allied works from Haridaspur (KM 0.00) to Kendrapara (KM 43.873) including Kendrapara yard in connection with construction of New BG Railway Line from Haridaspur to Paradeep (KM 81.200) in Khurda Road Division of east Coast railway in the state of Odisha.
ARSS Infrastructure Projects started as a construction company in the field of railway infrastructure development. The company has developed an expertise in railway construction projects, which include earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc.