Shares of ARSS Infrastructure Projects today settled with gains of over 7 per cent after the company announced that it has bagged a Rs 64.73-crore work order.
The scrip ended the day at Rs 42.60 on NSE, a rise of 7.85 per cent over its previous close. The stock gained as much as 11.26 per cent to trade at Rs 43.95 on the exchange.
On BSE, the stock surged 6.19 per cent to close at Rs 42. It was trading at an intra-day high of Rs 43.85, an increase of 10.87 per cent.
A total of 13.03 lakh shares were today traded on the stock exchanges.
The company in a regulatory filing said it has got a contract for widening and strengthening of Jamujhadi- Basudevpur-Dhamara Road to 2 Lane without paved shoulder.
The project has been awarded by the office of Executive Engineer Bhadrak (R&B) Division of Odisha.
