Vascon Engineers Ltd receives Letter of Award from Vedanta Limited

Vascon Engineers Ltd has received Letter of Award amounting to approximately Rs. 199 Crores from Vedanta Limited for construction of Cairn Oil & Gas Residential Complex at Barmer, Rajasthan. The work has been awarded on Design and Build basis. The work has to be completed within 18 months from the date of receipt of this letter of award.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 22.85 as compared to the previous close of Rs. 22.45. The total number of shares traded during the day was 152218 in over 823 trades.

The stock hit an intraday high of Rs. 24.05 and intraday low of 22.10. The net turnover during the day was Rs. 3488991.00.

Shares of Vedanta Limited was last trading in BSE at Rs. 336.85 as compared to the previous close of Rs. 323.40. The total number of shares traded during the day was 511783 in over 7958 trades.

The stock hit an intraday high of Rs. 340.45 and intraday low of 326.40. The net turnover during the day was Rs. 171449340.00.

Source : Equity Bulls

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