Vascon Engineers rises on securing contract worth Rs 313.87 crore

26 Nov 2012

Vascon Engineers is currently trading at Rs. 46.30, up by 2.30 points or 5.00% from its previous closing of Rs. 46.00 on the BSE.

The scrip opened at Rs. 46.90 and has touched a high and low of Rs. 48.30 and Rs. 46.90 respectively.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.80 on 22-Feb-2012 and a 52 week low of Rs. 34.00 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 48.60 and Rs. 44.55 respectively. The current market cap of the company is Rs. 435 crore.

The promoters holding in the company stood at 38.68% while Institutions and Non-Institutions held 3.39% and 57.93% respectively.

Vascon Engineers has secured seven contracts worth Rs 313.87 crore. The company has secured first contract worth Rs 11.36 crore for Citron - phase I work at Pune. The company has secured second order worth Rs 3.99 crore for 10 Luxe at Pune. The company has secured third contract worth Rs 47.32 crore for Noto Chaitanya at Chennai. The company has secured fourth contract worth Rs 28.7 crore for Noto MLCP at Chennai. 

The company has secured fifth contract worth Rs 101 crore for Mosaic Landmarks LLP (Godrej) at Pune.  The company has secured sixth contract worth for Rs 52.5 crore for Danyanand Medical College & Hosptial at Ludhiana. Finally the company has secured seventh contract worth Rs 69 core for Sadhu Vasvani Mission at Pune.

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Vascon Engineers Share Price

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SEBI Registered: Investment Adviser - INA000013323