Artefact Projects rises on securing consultancy services order from NHAI
Artefact Projects is currently trading at Rs. 59.01, up by 0.33 points or 0.56% from its previous closing of Rs. 58.68 on the BSE.
The scrip opened at Rs. 58.80 and has touched a high and low of Rs. 61.19 and Rs. 58.80 respectively. So far 3145 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.00 on 12-Aug-2025 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. 62.92 and Rs. 56.66 respectively. The current market cap of the company is Rs. 42.92 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 the Letter of Award (LoA) from National Highways Authority of India (NHAI) for consultancy services as independent Engineer during Operation and Maintenance for the Projects (i) 6 Laning of Chilakaluripet -Vijaywada section of NH-16 from Km. 355+000 to Km. 357+342 and from Km. 372+038 to Km. 437+900, Length 68.204 Km (ii) 6 laning of Chilakaluripet bypass of NH-16 (old NH-5) from Km. 357+342 to Km 372+038 (Bypass Length -16.499 Km) and (iii) 6 Laning of Vijayawada Bypass from Gollapudi (Km.30+000) to Chinnakakani (Km. 47+881) (Bypass Length 17.636 km) of NH-16 including Major Bridge across river Krishna in the state of Andhra Pradesh in association with Pioneer lnfra Consultants and CADD Consulting Engineering, M/s Dev Laxmi Surveyor Bhopal.
The company's contracted fee for the above-awarded project is Rs 7.77 crore, excluding GST, and 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.
