Artson Engineering shines on receiving order of Rs 520.80 lakh

Artson Engineering is currently trading at Rs. 78.15, up by 1.05 points or 1.36% from its previous closing of Rs. 77.10 on the BSE.

Artson Engineering
Artson Engineering

The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 78.30 and Rs. 77.55 respectively. So far 2636 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 1 has touched a 52 week high of Rs. 129.95 on 04-Apr-2022 and a 52 week low of Rs. 49.40 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 82.10 and Rs. 76.00 respectively. The current market cap of the company is Rs. 284.65 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.01% and 25.00% respectively.

Artson Engineering has received order of Rs 520.80 lakh (inclusive of GST) from Bharat Heavy Electricals (BHEL) for Fabrication of Structures for their Patratu Project (on conversion basis). The said order is expected to be executed in 5 Months from date of start of work.

Artson Engineering is engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities in refineries, which led the company to become one of the foremost companies in India with specialization in Petroleum Storage and handling systems.

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