Bhubaneswar based ARSS Infrastructure Projects Limited has informed the share market (BSE/NSE) that they received two new orders. One is from Madhya Pradesh Road Development Corporation Ltd. (MPRDC), Bhopal for construction of Road from Damoh – Bhatiagarh – Hirapur on BOT basis. The total length of the road is about 69.60 kms. This order is worth Rs 123 crore. It’s the first BOT based road project for the company and is the third order for the company in a span of less than one month.
The second order is for construction of high level bridge over river Brahmani near Jenapur in the district of Jajpur, Odisha under NABARD Assistance RIDF XVI. The project is to be completed within three years from the date of commencement of work and the order is worth Rs. 44.65 crore.
Now with these orders the total order book of the company is in tune of over Rs. 5000 crore.
Share’s Data :-
BSE Code : 533163
Mkt. Cap: Rs 880.30 Crores
ARSS Infrastructure Projects Ltd. share’s CMP is Rs 594.80 on 8th April 2011.
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