Announced Tue, 7 Jul · 19:12 IST
NHAI awards highway supervision contract to Artefact Projects
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
-3.2%1-day move
₹55.99
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.2-1.5-0.3-0.9-0.9-0.8————
Up moveDown movePending
AI summary
Artefact Projects received a Letter of Award from NHAI for supervision consultancy on the 4-lane Champa-Korba-Katghora highway section (NH-149B) in Chhattisgarh. Contract value is Rs 2.93 crore (excluding GST) over 38 months, to be executed jointly with KCS Engineering. Order is domestic with no related party involvement.
Likely market impact
Adds a small government contract worth Rs 2.93 crore to order book; modest positive for revenue visibility.