27-09-2024 12:49 PM | Source: Accord Fintech
Artefact Projects soars on bagging project from Ministry of Road Transport and Highways

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Artefact Projects is currently trading at Rs. 78.35, up by 0.99 points or 1.28% from its previous closing of Rs. 77.36 on the BSE.

The scrip opened at Rs. 77.30 and has touched a high and low of Rs. 78.95 and Rs. 77.30 respectively. So far 1675 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. 50.89 on 28-Sep-2023.

Last one week high and low of the scrip stood at Rs. 80.99 and Rs. 77.01 respectively. The current market cap of the company is Rs. 57.09 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 bagged project from Ministry of Road Transport and Highways for consultancy services for Authority Engineer (AE)/ for Construction of shohratgarh Bypass (Design length 6.273 km) to two lane with paved shoulder on NH -730 (starts near Ch.413.700 and end near Ch.419.000) under EPC mode in the state of Uttar Pradesh. 

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 57 lakh. 

Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.