Vascon Engineers shines on reporting over 2 fold jump in Q4 net profit

28 May 2018 Evaluate

Vascon Engineers is currently trading at Rs. 34.70, up by 2.00 points or 6.12% from its previous closing of Rs. 32.70 on the BSE.

The scrip opened at Rs. 32.55 and has touched a high and low of Rs. 36.25 and Rs. 32.55 respectively. So far 423964 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 57.60 on 09-Jun-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. 36.25 and Rs. 31.30 respectively. The current market cap of the company is Rs. 585.10 crore.

The promoters holding in the company stood at 35.03%, while Institutions and Non-Institutions held 0.55% and 64.42% respectively.

The company has reported a jump of over 2 fold in its net profit at Rs 5.94 crore for the quarter ended March 31, 2018 as compared to Rs 2.56 crore for the same quarter in the previous year. Total income of the company increased by 41.58% at Rs 120.94 crore for quarter under review as compared to Rs 85.42 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 85.81% in its net profit at Rs 11.39 crore as compared to Rs 6.13 crore for the previous year. Total income of company increased 26.55% at Rs 359.41 crore for year under review as compared to Rs 284.01 crore for year ended March 31, 2017.

Vascon Engineers Share Price

61.20 1.67 (2.81%)
28-Mar-2024 16:01 View Price Chart
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