Vascon Engineers shines on concluding two transactions worth Rs 50 crore

04 Jan 2019 Evaluate

Vascon Engineers is currently trading at Rs. 17.75, up by 0.45 points or 2.60 % from its previous closing of Rs. 17.30 on the BSE.

The scrip opened at Rs. 18.00 and has touched a high and low of Rs. 18.30 and Rs. 17.60 respectively. So far 26633 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.90 on 08-Jan-2018 and a 52 week low of Rs. 15.35 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 18.45 and Rs. 16.50 respectively. The current market cap of the company is Rs. 308.18 crore.

The promoters holding in the company stood at 34.25%, while Institutions and Non-Institutions held 0.45% and 65.31 % respectively.

Vascon Engineers has concluded two transactions worth Rs 50 crore. The first transaction comprised of sale of amenity plot along with school building to Infraschool Services Guragon for a total consideration of Rs 36.50 crore. The second transaction involved sale of land situated at Village Balewadi, Baner along with all other Joint Venture Partners to Keywest Realty for a consideration of Rs 100 crore, Vascon's share in this sale is Rs 13.10 crore.

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.

Vascon Engineers Share Price

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