Picture of Arisinfra Solutions logo

ARIS — Arisinfra Solutions News Story

0.000.00%
in flag iconLast trade - 00:00
TechnologySpeculativeSmall CapNeutral

India's Arisinfra Solutions rises on unit's $41.7 million order win

BUZZ-India's Arisinfra Solutions rises on unit's $41.7 million order win

** Shares of Arisinfra Solutions ARIR.NS rise about 3% to 139.44 rupees

** Mumbai-based real estate developer Transcon Group appoints ARIR unit ArisUnitern as developer-as-a-service partner, co says

** Project has potential gross development value of about 4 billion rupees ($41.69 million)

** Under 18-month mandate, ArisUnitern will oversee construction and handle sales, marketing, collections and lender management, while materials will be supplied through Arisinfra's platform

** Co says all approvals are in place, with construction and sales to begin immediately

** YTD stock up about 7%

($1 = 95.9500 Indian rupees)


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

Recent news on Arisinfra Solutions

See all news