Artefact Projects rises on bagging project worth Rs 4.09 crore from NHAI
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Artefact Projects is currently trading at Rs. 76.80, up by 0.74 points or 0.97% from its previous closing of Rs. 76.06 on the BSE.
The scrip opened at Rs. 79.00 and has touched a high and low of Rs. 79.00 and Rs. 76.00 respectively. So far 4370 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. 45.60 on 23-Aug-2023.
Last one week high and low of the scrip stood at Rs. 82.77 and Rs. 71.21 respectively. The current market cap of the company is Rs. 55.87 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 been awarded project from National Highway Authority of India (NHAI). The project is for Independent Engineer service for construction of 4 Lane Access Controlled New Greenfield Highway Section (Mancherial- Warangal) from Narva village at Design Ch. 3.834Km to Puttapaka village at Design Ch. 35,300Km (Total Length 31.466km) under economic Corridor (NH(O)) Programme as part of Nagpur -Vijayawada corridor on Hybrid Annuity mode in the state of Telangana (Package-I) .
The company has received the letter of Award for the said project. The company’s contracted fees for the above project awarded is around Rs 4.09 crore.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
