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Vascon Engineers trades higher on receiving LoA worth Rs 57.23 crore

14 Oct 2024 Evaluate

Vascon Engineers is currently trading at Rs. 63.55, up by 1.90 points or 3.08% from its previous closing of Rs. 61.65 on the BSE.

The scrip opened at Rs. 61.16 and has touched a high and low of Rs. 64.50 and Rs. 60.58 respectively. So far 184352 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.10 on 06-Feb-2024 and a 52 week low of Rs. 53.70 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 64.50 and Rs. 58.10 respectively. The current market cap of the company is Rs. 1420.47 crore.

The promoters holding in the company stood at 31.27%, while Institutions and Non-Institutions held 0.77% and 67.97% respectively.

Vascon Engineers has received Letter of Acceptance (LoA) amounting to Rs 57.23 crore (Excluding GST) from Mumbai Metro Rail Corporation, Government of Maharashtra for construction of Commercial Building at Kalbadevi (K2) on CS No. 663, 664, 665, 1/665, 666, 667, 669, 671 & 774 of Bhuleshwar Division in ‘C’ Ward for rehabilitation of Metro Line 2/3 PAP’s at Kalbadevi Girgaon.

The work has been awarded on ‘Percentage rate basis’. The work has to be completed within 28 months from the date of receipt of Letter of Acceptance dated October 10, 2024 received on October 11, 2024.

Vascon Engineers is one of the leading Construction Engineering Company in India with presence in Real Estate business having an asset light model and Clean Room Partition manufacturing business.


Vascon Engineers Share Price

37.91 -0.87 (-2.24%)
20-Apr-2026 14:59 View Price Chart
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