Artefact Projects jumps on wining project worth Rs 4.37 crore
Artefact Projects is currently trading at Rs. 72.02, up by 1.52 points or 2.16% from its previous closing of Rs. 70.50 on the BSE.
The scrip opened at Rs. 72.45 and has touched a high and low of Rs. 72.95 and Rs. 71.25 respectively. So far 3873 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. 74.44 and Rs. 70.10 respectively. The current market cap of the company is Rs. 52.39 crore.
The promoters holding in the company stood at 39.09%, while Non-Institutions held 60.91% stake in the company.
Artefact Projects has been awarded project from National Highways Authority of India for Independent Engineer services during Operation and Maintenance Period for Nagpur-Wainganga Bridge section of NH-53(old NH-6) from km 498.000 to km 544.200 under NHDP-III on BOT (Toll) under (DBFOT) Pattern; and Chhattisgarh/Maharashtra Border-Wainganga Bridge section from Km. 405.00 to Km 485.0000f NH-53 (old NH-6) under NHDP Phase IIIA on BOT basis letter of acceptance (LoA) in association with M/s Manglam Infra & Engineering.
The company has received the letter of Award for the said project. The company’s contracted fees for the project awarded is around Rs 4.37 crore (excluding GST). The order is to be executed within 60 months.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
