Vascon Engineers Ltd receives LoA from Uttar Pradesh PWD, Uttar Pradesh

Vascon Engineers Limited has received Letter of Acceptance amounting to Rs. 158.09 Crores (including GST) from Superintending Engineer PMGSY Circle, U.P.P.W.D, Prayagraj, Uttar Pradesh for Design, Engineering, Procurement and Construction of Jila Karagar at Amethi in Uttar Pradesh. The work has been awarded on 'EPC basis'.

The work has to be completed within 18 months from the date of receipt of Letter of Acceptance.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 26.68 as compared to the previous close of Rs. 26.70. The total number of shares traded during the day was 67527 in over 675 trades.

The stock hit an intraday high of Rs. 27.44 and intraday low of 26.53. The net turnover during the day was Rs. 1823848.00.

Source : Equity Bulls

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