Artefact Projects Limited receives LOA from NHAI

Artefact Projects Limited has been awarded the Project "Independent Engineer Services for Construction of new four-lane access controlled Highway from Cuttack (end point of CRRR at NH-16 near Tangi) to Kandarpur on SH- 12 from Design Ch. 0+000 km to 21+225 under NH(O) on Hybrid Annuity Mode in the state of Odisha- Letter of Award (LOA) in Joint Venture with M/s MSV International Inc and in association with Sunnily Consultants Pvt. Ltd."

The Company has received the letter of Award for the said project.

The Company's contracted fees for the above project awarded is Rs.5,10,00,000/- (Rupees Five Crore Ten Lakhs Only) Excluding GST.

Shares of ARTEFACT PROJECTS LTD. was last trading in BSE at Rs. 73.10 as compared to the previous close of Rs. 74.58. The total number of shares traded during the day was 8009 in over 87 trades.

The stock hit an intraday high of Rs. 74.88 and intraday low of 72.51. The net turnover during the day was Rs. 586486.00.

Source : Equity Bulls

Keywords

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