Vascon Engineers Ltd receives LoA worth Rs. 57.22 crores

Vascon Engineers Limited has received Letter of Acceptance amounting to Rs. 57,22,65,512.75 (Excluding GST) from Mumbai Metro Rail Corporation Limited, Government of Maharashtra for construction of Commercial Building at Kalbadevi (K2) on CS No. 663, 664, 665, 1/665, 666, 667, 669, 671 & 774 of Bhuleshwar Division in 'C' Ward for rehabilitation of Metro Line 2/3 PAP's at Kalbadevi Girgaon. The work has been awarded on 'Percentage rate basis'. The work has to be completed within 28 months from the date of receipt of Letter of Acceptance dated October 10, 2024 received on October 11, 2024.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 61.65 as compared to the previous close of Rs. 61.06. The total number of shares traded during the day was 29984 in over 430 trades.

The stock hit an intraday high of Rs. 62.04 and intraday low of 61.01. The net turnover during the day was Rs. 1845111.00.

Source : Equity Bulls

Keywords

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