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ARSS Infrastructure gains 10% on Rs 156cr order win

Shares of ARSS Infrastructure Projects surged 10 percent intraday Monday as the company's joint venture won an order from East Coast Railway, Bhubaneswar. 

The company's JV ARSS-SIPS has bagged a work order of Rs 156.85 crore for Budhapank-Salegaon via- Rajathagarh for third and fourth line.  

At 09:26 hrs ARSS Infrastructure Projects was quoting at Rs 42.95, up Rs 3.40, or 8.60 percent on the BSE.