Vascon Engineers surges on new orders worth Rs 286 crore

The order is for construction of residential flat including developmental work inside the campus

The liberalised norms for foreign investment could be a boon for affordable housing
SI Reporter Mumbai
Last Updated : Jul 08 2015 | 10:25 AM IST
Shares of Vascon Engineers surged nearly 9% at Rs 20.60 on the Bombay Stock Exchange after the company in a release said that it has won orders worth Rs 286.11 crore.

The order from Uttar Pradesh Housing & Development Board for construction of multi storied residential flats (including all developmental work inside the campus), in Lucknow, the release added.

The stock opened at Rs 19.95 and touched a high of Rs 21.40. At 10:20AM, over 225,000 shares were traded on both the stock exchanges.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 08 2015 | 10:21 AM IST

Next Story