Vascon Engineers touches the roof on receiving LoI worth Rs 347.43 crore
Vascon Engineers is currently trading at its upper circuit limit of Rs. 35.16, up by 1.67 points or 4.99% from its previous closing of Rs. 33.49 on the BSE.
The scrip opened at Rs. 35.16 and has touched a high and low of Rs. 35.16 and Rs. 35.16 respectively. So far 43371 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.61 on 10-Oct-2025 and a 52 week low of Rs. 26.80 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 40.20 and Rs. 30.80 respectively. The current market cap of the company is Rs. 814.65 crore.
The promoters holding in the company stood at 30.38%, while Institutions and Non-Institutions held 0.51% and 69.11% respectively.
Vascon Engineers has received Letter of Intent (LoI) worth Rs 347.43 crore (including GST) from Government of India, Central Public Works Department, Office of Executive Engineer, Guwahati Division. The order is for the demolition and re-development of RBI Quarters at Zoo-Narengi Road Colony, Guwahati, Assam. The work has been awarded on EPC Basis. The work has to be completed within 36 months from the date of receipt of order.
