Vascon Engineers Ltd receives LoI for Rs. 356.78 crores order

Vascon Engineers Limited has received Letter of Intent from Municipal Secretary's Department - Pimpri-Chinchwad Municipal Corporation, Pune of Rs. 356.78 Crores (excluding GST) for Construction of General Hospital Building for PCMC Hospital in Moshi, Pimpri-Chinchwad, Pune (Maharashtra).

The work has to be completed within 36 months from the date of acceptance.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 74.64 as compared to the previous close of Rs. 75.19. The total number of shares traded during the day was 116496 in over 872 trades.

The stock hit an intraday high of Rs. 76.39 and intraday low of 74.25. The net turnover during the day was Rs. 8731696.00.

Source : Equity Bulls

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