Vascon Engineers is currently trading at Rs. 39.55, up by 0.65 points or 1.67% from its previous closing of Rs. 38.90 on the BSE.
The scrip opened at Rs. 39.00 and has touched a high and low of Rs. 40.05 and Rs. 39.00 respectively. So far 38712 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. 28.20 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 43.40 and Rs. 36.95 respectively. The current market cap of the company is Rs. 685.80 crore.
The promoters holding in the company stood at 36.39% while Institutions and Non-Institutions held 0.43% and 63.19% respectively.
Vascon Engineers has signed an agreement with Lina Ashar Foundation, Mumbai to develop a Built-to-Suit property at one of the company’s land holdings in Pune.
Under the agreement, Vascon will construct and deliver a total built-up area of approximately 135,000 Square Feet on long term lease to Lina Ashar Foundation, the school operator, in phases. The planned Billabong High International School will provide state-of-the-art infrastructure in terms of design & facilities to create a unique learning experience that will be first of its kind in the city.
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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