Vascon Engineers rises on receiving tender from Maharashtra State Police Housing & Welfare Corporation
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Vascon Engineers is currently trading at Rs. 31.46, up by 1.18 points or 3.90% from its previous closing of Rs. 30.28 on the BSE.
The scrip opened at Rs. 31.31 and has touched a high and low of Rs. 31.80 and Rs. 31.01 respectively. So far 11592 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 42.00 on 02-Dec-2022 and a 52 week low of Rs. 18.60 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 31.80 and Rs. 29.95 respectively. The current market cap of the company is Rs. 658.04 crore.
The promoters holding in the company stood at 32.20%, while Institutions and Non-Institutions held 0.22% and 67.57% respectively.
Vascon Engineers has received tender from Maharashtra State Police Housing & Welfare Corporation (A Government of Maharashtra Undertaking) for Construction of Residential quarters & amenity block in Pune amounting to Rs 382.40 crore (including GST). The work has been awarded on ‘Lumpsum basis’. The work has to be completed within 36 months from the date of signing of tender.
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.
