Multibagger Small Cap Tata Group Company Bags Rs 25.19 Cr Order, Shares Rises

Artson Engineering Limited, a subsidiary of Tata Projects Ltd., has received an order confirmation of Rs. 25.19 Crores inclusive of taxes from Tata Projects Limited for the Fabrication of Structures for the AMNS Project on a Conversion Basis. The project's time period is 12 months.

S. No.Particulars
1Name of the entity awarding the order(s) / contract(s) / Letter of Intent (LOI)Tata Projects Limited
2Significant terms and conditions of order(s)/contract(s) / Letter of Intent (LOI) awarded in briefFabrication of Structures for AMNS Project on Conversion Basis
3Whether order(s) / contract(s) have been awarded by domestic / international entityDomestic Entity
4Nature of order(s) / contract(s)Unit Rate Contract
5Whether domestic or internationalDomestic
6Time period by which the order(s)/contract(s) is to be executed12 Months
7Broad consideration or size of the order(s) / contract(s)25.19 Crores Including Tax
8Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof.Yes, Holding Company
9Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arm's length"Yes
20RemarksNIL
Tata Group

Shares of Artson Engineering on Wednesday opened at Rs 136.30 per share on the BSE, currently trading at Rs 139.30 per share, up 1.98% from its previous close of Rs 136.60 per share.

The stock fell 5.56% in 1 week, and 29.52% in 1 month, respectively. It gained 69.98% in 3 months and 83.85% in 6 months, respectively. In 1 year, it gained 55.64%. In 2 and 3 years, it gained 411.19% and 117.49%, respectively.

Its 52-week high is Rs 207.45 per share and its 52-week low is Rs 62 per share on the BSE.

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