ARSS Infrastructure Projects has bagged a work order worth Rs 965 million in road sector in the state of Odisha.

The stock had underperformed the market over the past one month till Jul. 02, 2014, falling 42.20% compared with the Sensex's 4.68% rise. It underperformed the market in past one quarter, declining 33.62% as against 14.59% rise in the Sensex.

Shares of the company declined Rs 1.55, or 2.24%, to trade at Rs 67.75 at the BSE (11.31 a.m., Thursday).