Vascon Engineers Shares Surge After Bagging 660.79 Crore Contract From Qualcomm India
India, Sept. 25 -- Vascon Engineers has landed one of its bigger single contracts of the year, tied to Bengaluru's still-buoyant office leasing market. The client is a global technology company, and the project calls for a multi-storey building with several levels underground, the kind of complex, high-value work that's become increasingly common for the Pune-based contractor. What the deal is worth, how long it'll take, and what it says about the company's broader pipeline are all laid out in the filing itself.
Shares of Vascon Engineers Ltd are trading at Rs. 34.55, up 3.78 percent on Friday. The stock touched the intraday high of Rs. 38.00 after opening at Rs. 37.00 before slipping to a low of Rs. 34.06. The company commands a market...
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