Vascon Engineers Bags Rs 116 Cr Lotus Park EPC Contract

Vascon Engineers Limited has secured a Rs 115.90 crore work order (excluding GST) from Ahmedabad Municipal Corporation for developing Lotus Park on a 54,000 sq. mtrs plot in the South West Zone.

Project Details

The EPC contract involves comprehensive park development at Sardar Patel Bhavan, Danapith, Ahmedabad, with completion mandated within 24 months from the work order issue date.

This domestic infrastructure project strengthens Vascon's urban development portfolio in Gujarat's key municipal markets.

Shares of Vascon Engineers Limited was last trading in BSE at Rs. 34.12 as compared to the previous close of Rs. 34.55. The total number of shares traded during the day was 107888 in over 583 trades.

The stock hit an intraday high of Rs. 35.49 and intraday low of 33.98. The net turnover during the day was Rs. 3729458.00.

Source : Equity Bulls

Keywords

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