Arisinfra Solutions gains on signing MoU with Wadhwa Construction
Arisinfra Solutions is currently trading at Rs 163.35, up by 0.20 points or 0.12% from its previous closing of Rs 163.15 on the BSE.
The scrip opened at Rs 164.75 and has touched a high and low of Rs 166.90 and Rs 162.95 respectively. So far 91702 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52-week high of Rs 209.10 on 25-Jun-2025 and a 52-week low of Rs 153.90 on 02-Jul-2025.
Last one week high and low of the scrip stood at Rs 169.55 and Rs 160.25 respectively. The current market cap of the company is Rs 1321.50 crore.
The promoters holding in the company stood at 37.93%, while public held 62.07% stake in the company.
Arisinfra Solutions has signed Memorandum of Understanding (MoU) with Wadhwa Construction and Infrastructure for the next phase of its flagship Wadhwa Wise City project in Panvel. Building on its strong track record of timely supply and seamless project execution, Arisinfra will now support the material supply for a development of 7 new towers totalling to a 1.2 million sq. ft. of construction area. This extension is expected to contribute an additional Rs 75 crore to Arisinfra’s material supplies over the next 36 to 40 months.
Located in Panvel, Wadhwa Wise City is an ambitious 250+ acre integrated township that is master-planned as the next major growth hub of Mumbai 3.0, adjacent to the upcoming Navi Mumbai International Airport. The township integrates residential towers, villas, plotted layouts, commercial zones, retail areas, educational institutions, and spiritual centers, to deliver a modern and self-sufficient urban community.
With over 3,000 homes already delivered, the upcoming development phase aligns with the region’s rapid infrastructure growth, including the Panvel-Karjat suburban railway line and increasing connectivity to Mumbai and other key regions.
Arisinfra Solutions is a business-to-business (B2B) technology-enabled company operating in a growing construction materials market, focusing on simplifying and digitizing the entire procurement process for construction materials, delivering an efficient end-to-end procurement experience.
