Vascon Engineers Ltd receives LoA for order worth Rs. 95.92 crores

Vascon Engineers Limited has received Letter of Acceptance amounting to Rs. 95.92 crores (Excluding GST) from Pune Metropolitan Region Development Authority, Pune for Construction of Residential quarters along with Welfare Complex, Mess-Barrack, Multipurpose hall & Retail shops including all allied works, Pune.

The work has been awarded on 'EPC Lumpsum basis'. The work has to be completed within 18 months from the date of receipt of Environment Clearance.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 30.00 as compared to the previous close of Rs. 30.20. The total number of shares traded during the day was 88929 in over 838 trades.

The stock hit an intraday high of Rs. 30.45 and intraday low of 29.65. The net turnover during the day was Rs. 2674641.00.

Source : Equity Bulls

Keywords

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