Vascon Engineers bags order worth Rs119cr

The work has to be completed within 21 months from the date of receipt of work order, the company said in the filing.

Apr 19, 2018 01:04 IST India Infoline News Service

Vascon Engineers ZOOMS
Vascon Engineers Ltd bagged civil and structural work order in Maharashtra. The company has received work order from Adhiraj Constructions Private Limited for the work of civil and structural works (residential township) in Navi Mumbai amounting to Rs119cr.

The work has to be completed within 21 months from the date of receipt of work order, the company said in the filing.

With this order, Vascon Engineers has received a total of over Rs600cr of new third party EPC orders in the last 9 months, the company added.

The stock ended at Rs35.30 up by Rs1.4 or 4.13% from its previous closing of Rs33.90 on the BSE. The scrip opened at Rs34.15 and touched a high and low of Rs35.55 and Rs33.85 respectively.

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