02 Sep 2026
ARSS Infrastructure Projects won a 130.5 crore rupee order from East Coast Railway, larger than the company's own market value of about 123 crore rupees.
The work covers three road over bridges between the Kaipada Road to Tapang and Balugaon to Chilika sections of the Khurda Road division. An order that exceeds the entire market value of the company is the unusual part of this one. For a contractor of that size, execution capacity and working capital, not order inflow, are what decide whether it converts to revenue.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.