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16-May2018

Vascon Engineers gains on bagging contract worth Rs 70.53 crore

Vascon Engineers is currently trading at Rs. 33.25, up by 0.30 points or 0.91% from its previous closing of Rs. 32.95 on the BSE.

The scrip opened at Rs. 32.80 and has touched a high and low of Rs. 33.25 and Rs. 32.60 respectively. So far 96810 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 57.60 on 09-Jun-2017 and a 52 week low of Rs. 28.20 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 35.40 and Rs. 31.30 respectively. The current market cap of the company is Rs. 577.26 crore.

The promoters holding in the company stood at 35.03%, while Institutions and Non-Institutions held 0.55% and 64.42% respectively.

Vascon Engineers has received work order from Public Works Department, Chennai regarding the Additional Work in Operation Theatres, additional amenities towards ICU, IMUC etc and other works in Tower 1 to 3 of Government Medical College Hospital, Chennai amounting to Rs 70.53 crore. The work has to be completed within 12 months from the date of receipt of work order.

Vascon Engineers is one of the foremost listed real estate companies headquartered in Pune with over 30 years of experience delivering 200+ projects spanning over 50 million square feet of landmark developments across residential, industrial, IT parks, malls and multiplexes, hospitality and community welfare centers.


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