Artefact Projects jumps on securing Rs 7.67 crore consultancy services contract from NHAI
Artefact Projects is currently trading at Rs. 60.40, up by 1.08 points or 1.82% from its previous closing of Rs. 59.32 on the BSE.
The scrip opened at Rs. 61.80 and has touched a high and low of Rs. 62.00 and Rs. 60.17 respectively. So far 2258 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 89.74 on 30-Dec-2024 and a 52 week low of Rs. 52.00 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 62.47 and Rs. 58.10 respectively. The current market cap of the company is Rs. 44.59 crore.
The promoters holding in the company stood at 39.09%, while Non-Institutions held 60.91 stake in the company.
Artefact Projects has received letter of Award (LoA) from National Highways Authority of India (NHAI) for Consultancy services for independent engineer services during operation and Maintenance of (1) Four Laning of Sethiyathope to Cholapuram Section from Km 65+960 to Km 116+440 of NH - 36 (old No. NH-45c) and (ii) Four Laning of Cholapuram to Thanjavur section from Km 116+440 to Km 164+275 of NH-36 (old No. NH-45C) in the State of Tamil Nadu in association with pioneer Infra Consultants and Neoteric Consultant LLP.
Broad commercial consideration or size of the order is Rs 7.67 crore (excluding GST), and the project is to be executed over a period of 60 months.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
