Vascon Engineers is currently trading at its upper circuit limit of Rs. 25.40, up by 4.20 points or 19.81% from its previous closing of Rs. 21.20 on the BSE.
The scrip opened at Rs. 23.00 and has touched a high and low of Rs. 25.40 and Rs. 22.50 respectively. So far 40468 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 38.00 on 11-Mar-2013 and a 52 week low of Rs. 13.50 on 19-Feb-2014.
Last one week high and low of the scrip stood at Rs. 25.40 and Rs. 15.35 respectively. The current market cap of the company is Rs. 229.06 crore.
The promoters holding in the company stood at 38.67% while Institutions and Non-Institutions held 3.25% and 58.08% respectively.
Vascon Engineers has bagged two new projects worth Rs 245 crore. The company has bagged first contract worth Rs 130 crore from UP Housing and Development Board, Lucknow for construction of multi-storeyed flats at Lucknow.
The company has bagged another contract worth Rs 115 crore from Sheth Creators for construction of residential building at Mumbai.
Vascon Engineers has significant experience in providing EPC services, which include, constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.