letter of Award

Govt Defence OrderBusiness Updates View source PDF Explain this filing

Price

Loading chart…

▲ 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

+6.2%Reaction day

₹59.32

prior close

₹61.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+6.5% vs market

Consulting Services peers, median of 16sector+0.0%+6.2% vs sector

On the reaction day the stock moved 6.5 pts more than Nifty Microcap 250 and 6.2 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

+0.0

10m

+2.1

15m

+3.6

30m

+3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.2-0.3+6.5+0.0+6.2

Next day

+9.6+0.9+8.6-0.5+10.1

+6.2+2.3+3.9+0.1+6.1

+4.8+2.4+2.4-0.2+5.0

+4.0+1.8+2.2+0.9+3.1

+1.7+1.3+0.4-2.7+4.3

+2.0+0.4+1.6-0.8+2.8

15d

+2.9-1.1+4.0-2.9+5.8

+0.3-3.3+3.7-1.2+1.5

+11.9-0.5+12.4-8.8+20.7

+5.2-8.2+13.3-10.7+15.8

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 16Pending

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 during the operation and maintenance stage of a 118.678 km stretch of NH-31 in Uttar Pradesh, covering three road sections from Ghazipur to the UP/Bihar border. The contract is valued at Rs. 3.34 crore (excluding GST) and will be executed over 36 months in association with Manglam Infra and Engineering Limited. This is a domestic government infrastructure consultancy project, with no related-party involvement. NHAI is a Government of India entity, making this a public-sector order.

Likely market impact

This adds a small but steady revenue stream to the company's order book over the next 3 years. While the order size is modest at Rs. 3.34 crore, winning work from NHAI strengthens the company's credentials in highway consultancy and may support future bidding for larger projects.