Vascon Engineers is locked its upper circuit limit at Rs. 27.00, up by 1.25 points or 4.85% from its previous closing of Rs. 25.75 on the BSE.
The scrip opened at Rs. 26.45 and has touched a high and low of Rs. 27.00 and Rs. 25.95 respectively. So far 114287 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.60 on 17-Aug-2021 and a 52 week low of Rs. 8.11 on 14-Nov-2020.
Last one week high and low of the scrip stood at Rs. 26.80 and Rs. 24.30 respectively. The current market cap of the company is Rs. 491.77 crore.
The promoters holding in the company stood at 35.72%, while Institutions and Non-Institutions held 0.39% and 63.89% respectively.
A consortium of Vascon Engineers and DCS Solar Energy has received Letter of Award (LoA) from Government of Goa for Development of International Convention Centre at Dona Paula, Goa on Design, Build, Finance, Operate, Transfer (DBFOT) basis.
The project is on Public Private Partnership (PPP) basis where DCS is the Lead Member and Vascon is the Construction Partner. The value of construction and tenure would be finalized upon completion of the design development phase. The scope of the work involves construction of a 5,000 persons capacity convention centre along with the allied construction to support the convention centre on a parcel of land that is around 28 acres.
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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