Announced Thu, 16 Jul · 13:48 IST
Artefact Projects wins Rs 3.08 crore NHAI highway supervision contract
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹55.50
prior close
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base price
In-mkt
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AI summary
Artefact Projects, in association with KCS Engineering, has received a Letter of Award from the National Highways Authority of India (NHAI) for Supervision Consultancy during the O&M stage of the 4-lane Bilaspur-Urga section of NH-130A in Chhattisgarh. The contract value is Rs 3.08 crore (excluding GST) spread over 38 months. The project covers a 70.2 km stretch. It is a domestic order with no related party interest.
Likely market impact
Adds a small new government order to the order book. Limited immediate stock impact given the modest contract size relative to operations.