This Micro Cap Tata Stock Is Set To Report Q1 Earnings On July 17

Artson Engineering, in an exchange filing on Monday evening, disclosed that it will disclose its April-June quarter earnings on Wednesday, April 17.

What Happened: “A meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, July 17, 2024, at 11:00 Hrs. (IST) to consider and approve, inter alia the unaudited financial results for the first quarter ended June 30, 2024,” the company said in the filing.

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Earlier in June, the company had announced bagging an order from Adani-owned Guwahati International Airport. The order was for the engineering and construction of an aviation turbine fuel farm and hydrant system at the airport. The order is worth around ₹126 crore and is expected to be completed in 18 months.

The company is a subsidiary of Tata Projects, which owns around 75% of the micro cap company. Tata Projects acquired a majority stake in the Hyderabad-based company in 2007-08.

The company primarily caters to the Indian market and also has experience working in the Middle East and Gulf countries.

Price Action: Shares of Artson Engineering were up 4.26% to trade at 168.75 in early trade on Tuesday.

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