New order lifts Vascon Engineers

Reuters Updated - February 28, 2019 at 03:44 PM.

Shares of engineering, procurement and construction company Vascon Engineers Ltd gained as much as 14.24 per cent, its biggest intraday per cent gain since December 21, 2017.

On Wednesday, the company said that it has a work order worth Rs 83.52 cr ($11.74 mln) from the Airport Authority Of India.

The company’s stock has hit its highest level since February 1.

More than 9,38,203 shares change hands, compared with 30-day average volume of around 2,21,204 shares.

The stock closed at Rs 15.70, up Rs 1.35  (+9.41%) on the BSE, and at Rs 15.70,  up Rs 1.30 () on the NSE.

Published on February 28, 2019 04:44