Vascon Engineers gets orders worth Rs 245 cr

Written By Unknown on Jumat, 07 Maret 2014 | 23.25

The bigger of the two orders at Rs 130 crore is from UP Housing and Development Board for construction of multi-storied flats at Lucknow, it said in a BSE filing.

Pune-based  Vascon Engineers today said it has bagged orders worth Rs 245 crore for construction of two residential projects.

The bigger of the two orders at Rs 130 crore is from UP Housing and Development Board for construction of multi-storied flats at Lucknow, it said in a BSE filing.

The other order, valued at Rs 115 crore, is from Sheth Creators Pvt Ltd for construction of residential building in Mumbai.

The company had reported Rs 14.52 crore net loss during the October-December quarter on a revenue of Rs 85.03 crore. Shares of the company settled at Rs 17.70 apiece, up 4.12 percent in the BSE today.

Vascon Engineer stock price

On March 07, 2014, Vascon Engineers closed at Rs 17.70, up Rs 0.70, or 4.12 percent. The 52-week high of the share was Rs 38.00 and the 52-week low was Rs 13.50.


The latest book value of the company is Rs 74.10 per share. At current value, the price-to-book value of the company was 0.24.


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