Vascon Engineers Ltd has received Letter of Acceptance from Public Works Department, Divison-3, New Raipur, Chhattisgarh for "Construction of 'Raj Bhavan, Honorable Chief Minister's House, Honorable Minister's Residential House & Higher Officer Residential House" in New Raipur, Chhattisgarh amounting to Rs. 505.54 Crores. The work has been awarded on "Item Rate Basis".
The work has to be completed within 24 months from the date of signing of Agreement.
Shares of Vascon Engineers Ltd was last trading in BSE at Rs.12.74 as compared to the previous close of Rs. 12.05. The total number of shares traded during the day was 29951 in over 147 trades.
The stock hit an intraday high of Rs. 12.75 and intraday low of 12.1. The net turnover during the day was Rs. 371454.