Vascon Engineers jumps on getting LoA from Uttar Pradesh Public Works Department
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Vascon Engineers is currently trading at Rs. 18.85, up by 0.20 points or 1.07% from its previous closing of Rs. 18.65 on the BSE.
The scrip opened at Rs. 20.00 and has touched a high and low of Rs. 20.00 and Rs. 18.50 respectively. So far 79994 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 21.25 on 15-Mar-2021 and a 52 week low of Rs. 6.02 on 30-Mar-2020.
Last one week high and low of the scrip stood at Rs. 20.00 and Rs. 16.60 respectively. The current market cap of the company is Rs. 346.97 crore.
The promoters holding in the company stood at 36.19%, while Institutions and Non-Institutions held 0.11% and 63.69% respectively.
Vascon Engineers has received Letter of Acceptance (LoA) from Uttar Pradesh Public Works Department for the two projects namely ‘Establishment of New Medical College attached with existing District Hospital, Bijnor amounting to Rs 246.09 crore. The work has been awarded on ‘Design and Built Lumpsum Basis’. The work has to be completed within 18 months from the date of receipt of Letter of Acceptance and establishment of New Medical College attached with existing District Hospital, Kaushambi amounting to Rs 269.54 crore. The work has been awarded on ‘Design and Built Lumpsum Basis’. The work has to be completed within 18 months from the date of receipt of Letter of Acceptance.
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.
