Artefact Projects Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Artefact Projects Ltd
BSE code:531297
cmp:30

Story:Artefact Projects Limited, an infrastructure consultancy services company, provides engineering, architecture, and project management services. Its services for highway and road sector include master plans, surveys, investigation, research, and technical feasibility studies; designs, engineering, drawings, cost estimates, environment impact studies, and R & R studies; institutional arrangements and implementation structure construction; projects construction supervision, quality assurance, and contract management; and supervision of operations and maintenance, tolling, highway, and traffic management. The company’s services for townships/buildings, special economic zones, airports, and urban development sector comprise concept plans, urban planning, and urban designs; architectural plans, designs, and structural and architectural designs; designs for utilities, electrical, and mechanical and environmental planning; engineering, drawings, and cost estimates; privatization studies, construction contract award financial closure, institutional arrangements, and project funding; construction supervision, quality assurance, and contract management during construction; and marketing assistance. Its services for overseas projects and knowledge process off shoring comprise engineering, architectural services, legal process outsourcing, healthcare services, business research, clinical research, and intellectual property research; onsite and offsite overseas project services; and inbuilt design, engineering, architectural, and technical support and services. Artefact Projects Limited also offers structural steel designing and detailing services to construction industry, engineering, and PEB manufacturers. The company was formerly known as Artefact Software & Finance Limited and changed its name to Artefact Projects Limited in May 2006.After withdrawing from its traditional business of financing as a NBFC, the company has grown a lot in terms of consultancy for infrastructure projects. The company has entered into collaborations with international consultants from USA, UK, and Malaysia etc who are top players in their home countries as well as in the global market. Artefact with its collaborators is providing expert services for prestigious infrastructure development projects by organizations like NHAI, AAI, Mumbai Metropolitan Region Development Authority and many more.The company has been awarded certain large and prestigious consultancy contracts for major infrastructure projects.With the current assignments, the company is expected to achieve a turnover growth of at least 20% every year for next 5 years.With good orders in hand,punters expects the share price to hit Rs.42 in next 1 year's time.