ARSS Infra gains 40% in three sessions as JV bags order worth Rs 44 crore

NEW DELHI: Shares of ARSS Infrastructure Projects extended their recent rally, surging 7 per cent in intraday trade before giving up all of its gains to close 0.56 per cent higher on Wednesday. The company’s shares have now zoomed 47 per cent in the past three sessions after its joint venture (JV) won a Rs 44 crore order from Indian Railways in Odisha.

In addition to the above, the Bombay Stock Exchange has raised the circuit filter limit for the stock to 10 per cent.

In Wednesday’s trade, the scrip gained 7 per cent to hit a high of Rs 89.45 on BSE. The stock has climbed 79 per cent so far this year.