Artson Engineering jumped 6.76% to Rs 49.75 at 13:45 IST on BSE after the company said that it has received a purchase order for fabrication and supply of steel building structure for a power plant with an estimated order value of Rs 14.87 crore.
The company announced the new order win during market hours today, 14 December 2015.
Meanwhile, the BSE Sensex was up 118.32 points, or 0.47%, to 25,162.75.
On BSE, so far 2,991 shares were traded in the counter as against an average daily volume of 15,559 shares in the past one quarter.
The stock hit high of Rs 50 and low of Rs 47.25 so far during the day. The stock had hit a 52-week high of Rs 64.75 on 2 December 2015. The stock had hit a 52-week low of Rs 24.05 on 10 June 2015.
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The stock had outperformed the market over the past one month till 11 December 2015, sliding 1.89% compared with Sensex's 3.18% fall. The scrip had also outperformed the market in past one quarter, rising 23.44% as against Sensex's 2.21% fall.
The small-cap company has an equity capital of Rs 3.69 crore. Face value per share is Re 1.
Artson Engineering reported net profit of Rs 0.21 crore in Q2 September 2015, as compared with net loss of Rs 0.32 crore in Q2 September 2014. Net sales rose 59.9% to Rs 25.69 crore in Q2 September 2015 over Q2 September 2014.
Artson Engineering is a project engineering company. It offers multi-disciplinary design and construction services in the mechanical, civil, electrical and instrumentation fields. It offers turnkey services in petroleum storage and handling systems, plant utilities, diesel power houses, CPP, energy conservation, waste-heat recovery and noise pollution control systems.
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