letter of Award

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹59.10

prior close

₹60.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+0.8% vs market

Consulting Services peers, median of 17sector+1.3%+0.4% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.4 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.6

10m

+1.8

15m

+1.8

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.9+0.8+1.3+0.4

Next day

+0.9+1.2-0.3-0.3+1.2

+4.0+0.5+3.5-1.1+5.1

+2.9+0.5+2.4-2.3+5.2

+5.7-1.4+7.1-0.4+6.1

+3.2-3.1+6.4-0.5+3.7

+7.6-3.6+11.2-3.9+11.5

15d

+0.1-9.0+9.1-6.0+6.1

+0.2-7.0+7.2-3.9+4.1

-0.2-7.8+7.6-14.0+13.9

+2.4-11.9+14.3-11.7+14.0

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Artefact Projects Ltd has received a Letter of Award from the National Highways Authority of India (NHAI) for supervision consultancy services during the operation and maintenance of three national highway stretches in Uttar Pradesh: NH-128A (Mohammadpur to Jaunpur), NH-128B (Mau to Ballia), and NH-128C (Azamgarh to Dohrighat). The contract is valued at Rs. 3.12 crore (excluding GST) and will run for 36 months. The work will be carried out in association with Manglam Infra and Engineering Limited. The order is domestic, with no promoter or related-party interest involved.

Likely market impact

This is a government-backed order from NHAI that adds Rs. 3.12 crore to the company's order book and provides revenue visibility over 3 years. The size is modest, so the stock reaction is likely to be limited unless similar orders continue to flow in.