Artefact Projects gains on bagging projects worth Rs 55.46 lakh
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Artefact Projects is currently trading at Rs. 64.30, up by 0.28 points or 0.44% from its previous closing of Rs. 64.02 on the BSE.
The scrip opened at Rs. 68.90 and has touched a high and low of Rs. 68.90 and Rs. 63.02 respectively. So far 41115 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.90 on 10-Oct-2023 and a 52 week low of Rs. 30.16 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 68.90 and Rs. 56.45 respectively. The current market cap of the company is Rs. 47.65 crore.
The promoters holding in the company stood at 39.09%, while Institutions and Non-Institutions held 1.03% and 59.88% respectively.
Artefact Projects has been awarded two Projects from the Office of Chief Engineer, Public Works Region, Pune. The first project is for NAG-II (60A) - Improvement to Karanja Waghoda Jalalkheda Road SH 323 in km 40/00 to 50/200 in Tah. Karanja Dist. Wardha and Improvement to Hingi Bordharan Dhanoli kajali savali to NH 06 road MDR 58 in km 23/00 to 45/500. The second project is for NAG-II (60B) - Improvement to Pardi Sarwadi Chincholi Selgaon umari saval ajandoh Kannamwar gram road MDR-06 in km 3/600 to 36/300 in Taluka Karanja Dist. Wardha.
The company has received the letter of Award for the said projects. The company’s contracted fees for the above projects awarded is Rs 55.46 lakh.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
