Announced Thu, 2 Jul · 15:22 IST
Letter of Award - NHAI Consultancy Contract worth Rs 3.16 Crore
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
-0.3%1-day move
₹54.40
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.3+3.3+2.9+1.1-0.3+2.6-2.3———
Up moveDown movePending
AI summary
Artefact Projects received a Letter of Award from NHAI for Supervision Consultancy services on NH 544H (Thoppur to Erode section, 85 km) in Tamil Nadu. Contract value is Rs 3.16 crore (excluding GST) over 36 months. Awarded as the highest bidder (H1) in JV with Pioneer Infra Consultants and Renaissance IOT LLP. Domestic order, no related party interest.
Likely market impact
New government contract from NHAI adds about Rs 3.16 crore to revenue over 36 months, providing order book visibility.