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Artefact Projects zooms on securing order worth Rs 5 crore from NHAI
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Artefact Projects is currently trading at Rs. 77.44, up by 3.16 points or 4.25% from its previous closing of Rs. 74.28 on the BSE.
The scrip opened at Rs. 77.44 and has touched a high and low of Rs. 78.99 and Rs. 76.23 respectively. So far 13832 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. 78.99 and Rs. 71.55 respectively. The current market cap of the company is Rs. 56.02 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 received Project from National Highway Authority of India (NHAI) for consultancy services for independent Engineer for supervision of construction of 6-lane Greenfield Varanasi-Ranchi Kolkata Highway from junction with Bhabhua Adhaura road in Bhairopur village to Konki village (54+000 Km - 90+000 Km) under Bharatmala Pariyojna in the state of Bihar on Hybrid Annuity Mode (Pkg-III).
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 around Rs 5 crore.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
