Artson Engineering spirals up on back of Rs 23 crore order
DSIJ Intelligence / 02 Aug 2017
On the back of orders worth Rs 23 crore, Artson Engineering’s shares soared by over 5% intraday on Wednesday.
On the back of orders worth Rs 23 crore, Artson Engineering’s shares soared by over 5% intraday on Wednesday.
The order has been received for design, engineering, supply and installation, testing and commissioning of connector fuel pipelines, including associated civil, electrical, instrumentation works.
The company has witnessed net profit of Rs 48.51 lakh in the quarter ended June 2017 compared to the loss of Rs 12.61 lakh in the same quarter last fiscal.
The stock was trading higher by 5.42% at Rs 63.25 per share. It opened at Rs 64.90 per share. It touched its intraday high and low at Rs 65.95 and Rs 62.20 per share respectively.
Its 52-week high stood at Rs 73 and 52-week low at Rs 38 per share.