Vascon Engineers Ltd receives LoI worth Rs. 347.43 crores

Vascon Engineers Limited has received Letter of Intent amounting to Rs.347.43 Crore [Three hundred forty-seven crores forty-three lakhs.) (including GST)] from Central Public Works Department, Guwahati for "Demolition and Re-development of RBI Quarters at Zoo-Narengi Road Colony, Guwahati, Assam". The work has been awarded on EPC Basis.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 34.83 as compared to the previous close of Rs. 33.49. The total number of shares traded during the day was 293707 in over 803 trades.

The stock hit an intraday high of Rs. 35.16 and intraday low of 34.43. The net turnover during the day was Rs. 10308028.00.

Source : Equity Bulls

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