Artefact Projects is currently trading at Rs. 53.19, up by 1.78 points or 3.46% from its previous closing of Rs. 51.41 on the BSE.
The scrip opened at Rs. 53.50 and has touched a high and low of Rs. 54.85 and Rs. 51.45 respectively. So far 45050 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.00 on 12-Jun-2023 and a 52 week low of Rs. 30.16 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 58.40 and Rs. 48.42 respectively. The current market cap of the company is Rs. 38.70 crore.
The promoters holding in the company stood at 39.09%, while Institutions and Non-Institutions held 1.03% and 59.88% respectively.
Artefact Projects has been awarded the Project from National Highway Authority of India (NHAI) for Independent engineer (IE) services for operation and maintenance stage of four laning of Kashipur- Sitarganj section NH-74 from km 175.000 to km 252.200 in the State of Uttarakhand and Uttar Pradesh under NHDP Phase -IV on DBFOT (Toll) basis. The company has received the letter of Award for the said project.
The company’s contracted fees for the above project awarded is approximate Rs 5.07 crore. With the above Contracted Award, the company’s Cumulative Gross Value of orders in hand for Ongoing Projects exceeds Rs 236 crore which imparts a strong revenue visibility for next 3 to 4 years.
Artefact Projects provides project management services for highways, airports & urban development projects. The company has a global presence and reach of services.
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