Kotak Mahindra Bank has won a case to liquidate ARSS Infrastructure Projects instead of accepting a resolution plan approved by over three-quarters of lenders for the troubled borrower. On Tuesday, a bankruptcy court ordered the liquidation of the civil construction firm on the grounds that the appr…

Kotak Mahindra wins case to liquidate ARSS Infrastructure Projects Ltd even as 76% of lenders approved it

ARSS Infrastructure jumped 8.06% to Rs 29.5 after the civil construction company received work order of Rs 2.20 crore.

ARSS Infra jumps after order win

Garment Mantra Lifestyle Ltd, GRP Ltd, ARSS Infrastructure Projects Ltd and Rane (Madras) Ltd are among the other gainers in the BSE’s ‘B’ group today, 06 January 2022.

Vardhman Holdings Ltd leads gainers in ‘B’ group

KCP Sugar & Industries Corporation Ltd, MSP Steel & Power Ltd, Asian Hotels (North) Ltd and Future Supply Chain Solutions Ltd are among the other losers in the BSE’s ‘B’ group today, 05 January 2022.

ARSS Infrastructure Projects Ltd leads losers in ‘B’ group

Mirza International Ltd, Banswara Syntex Ltd, Om Infra Ltd and ARSS Infrastructure Projects Ltd are among the other gainers in the BSE’s ‘B’ group today, 04 January 2022.

Indo Rama Synthetics (India) Ltd leads gainers in ‘B’ group

Inventure Growth & Securities Ltd, ARSS Infrastructure Projects Ltd, T T Ltd and Bal Pharma Ltd are among the other gainers in the BSE’s ‘B’ group today, 03 January 2022.

Shree Rama Multi-Tech Ltd leads gainers in ‘B’ group

Of the six persons, Sebi has prohibited Krishna Chandra Raut, who is a nominee of state-run State Bank of India (SBI) on the board of ARSS Infrastructure Projects (AIPL), from the capital markets for six months and imposed a fine of Rs 1.5 lakh on him.

Sebi bans ARSS Infrastructure, 6 persons from mkts; levies fine

The six persons (the company’s directors, chief executive officer and chief investment officer) have been restrained from the capital markets either for six months or one year.

SEBI Bans ARSS Infrastructure, 6 Persons From Markets; Levies Fine

Sebi has barred ARSS Infrastructure Projects and six persons from the capital markets for up to one year and levied a fine totalling Rs 47.5 lakh on them for misrepresenting the company’s financials

Sebi bans ARSS Infrastructure, 6 persons from markets; levies fine

Bars Raut from market for 6 months, imposes ₹1.5 lakh fine

ARSS Infrastructure Projects case: SEBI rejects ‘acted in good faith’ rule for SBI nominee

ARSS Infrastructure Projects reports consolidated net loss of Rs 15.52 crore in the September 2021 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

ARSS Infrastructure Projects Limited is a company engaged in the execution of contracts of various infrastructure projects, including road work, bridge work, railway tracking and irrigation projects. 

ARSS Infrastructure Projects Ltd