Vascon Engineers is currently trading at Rs. 37.00, up by 1.80 points or 5.11% from its previous closing of Rs. 35.20 on the BSE.
The scrip opened at Rs. 35.45 and has touched a high and low of Rs. 38.00 and Rs. 35.25 respectively. So far 184202 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.80 on 15-May-2017 and a 52 week low of Rs. 26.15 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 38.00 and Rs. 34.10 respectively. The current market cap of the company is Rs. 628.73 crore.
The promoters holding in the company stood at 36.39%, while institutions and non-institutions held 0.47% and 63.14% respectively.
Vascon Engineers has received Letter of Intent (LoI) from Sriram Educational Trust a Domestic Trust for the work of Civil Construction of ‘Proposed Buildings for Arts & Science and Higher Secondary School with Supporting External Infrastructure’ in Chennai amounting to Rs 70.40 crore. The work shall be completed within 21 months from the date of receipt of work order.
Vascon Engineers has significant experience in providing EPC services, which include, constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.
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