Artefact Projects rises on bagging order worth Rs 5.50 crore from NHAI
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Artefact Projects is currently trading at Rs. 92.80, up by 0.51 points or 0.55% from its previous closing of Rs. 92.29 on the BSE.
The scrip opened at Rs. 95.00 and has touched a high and low of Rs. 95.00 and Rs. 91.36 respectively. So far 6651 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 111.00 on 12-Jan-2024 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. 97.90 and Rs. 90.00 respectively. The current market cap of the company is Rs. 66.60 crore.
The promoters holding in the company stood at 39.09%, while Institutions and Non-Institutions held 0.69% and 60.23% respectively.
Artefact Projects has secured project from National Highway Authority of India (NHAI) for Consultancy Services for Authority Engineer for Supervision of Rehabilitation & Up gradation of existing two lane to four lane standards from Duburi to Chandikhole section of (388.000 Km - 427400 Km) of NH-200 (New NH-53) including Major Bridge over rahmani river and Rehabilitation and Up gradation of NH-149 from 0.000 Km to 68.280 Km (Pallahara to Pitri Section) to two lanes with paved shoulders under NHDP - IV on EPC Mode in the State of Odisha.
The company has received the Letter of Award for the said project from NHAI. The company’s contracted fees for the above project awarded is Rs 5.50 crore.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
