Artefact Projects soars on securing project worth Rs 40.74 lakh
Artefact Projects is currently trading at Rs. 65.60, up by 1.53 points or 2.39% from its previous closing of Rs. 64.07 on the BSE.
The scrip opened at Rs. 66.00 and has touched a high and low of Rs. 67.20 and Rs. 65.41 respectively. So far 4188 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. 67.20 and Rs. 57.00 respectively. The current market cap of the company is Rs. 47.59 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 Government of India Ministry of Road Transport & Highways for Consultancy Services for Preparation of Detailed Project Report for Construction of (I) Bypass of Town Kot Ise Khan (NH-703B) Starting from KM.8.500 and end at KM.12.00 (Il) Bypass of Town Bhikwind (NH-703B) Starting from KM.72.800 and end at KM.76.300 (IIl) Bypass of Town Bagha Purana on NH-254 from KM.19.05 to KM.26.15 (IV) Bypass of Town Jalalabad (NH-754) from KM.72.00 of NH-754 to SH-20 in the State of Punjab - Letter of Acceptance (LoA) with M/s Manglam Infra & Engineering and in association Artefact Projects with Shree Mahamai.
The company has received the letter of Award for the said project. The company’s contracted fees for the above project awarded is Rs 40.74 lakh Excluding GST.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
