The company announced securing fresh orders during trading hours. Prior to the announcement, the stock lost as much as 3.7% at the day's low of Rs 136.55
Meanwhile, the BSE Sensex was down 53 points, or 0.30% to 17,525.23.
On BSE, one lakh shares were traded in the counter as against an average daily volume of 6.43 lakh shares in the past one quarter.
The stock hit a high of Rs 146 and a low of Rs 136.55 so far during the day. The stock had a lifetime high of Rs 173.45 on 15 February 2010 and a lifetime low of Rs 119 on 3 March 2010.
The small-cap stock had underperformed the market over the past one month till 19 March 2010, gaining 7.30% as compared to the Sensex's 8.56% rise. It had also outperformed the market in the past one quarter, rising 36.55% as compared to the Sensex's return of 5.13%.
The company's equity capital is Rs 90.01 crore. Face value per share is Rs 10.
Vascon Engineers reported net profit of Rs 20.47 crore from net sales of Rs 553.71 crore in the year ended March 2009.
Pune-based Vascon Engineers is engaged in engineering, procurement and construction services and real estate development.