Vascon Engineers secures ₹131.58 cr contract from Reliance
after close1 source ↓written by the desknot a recommendation
- contract to construct
- ₹131.58 cr
- be completed
- 19 months
- to ₹34.57
- 5%
Vascon Engineers received a Letter of Intent from Reliance Industries for a ₹131.58 cr contract to construct four G+12 residential buildings at the RG Expansion project in Jamnagar. This project is expected to enhance near-term revenue visibility as it will be completed within 19 months. The stock rose 5% to ₹34.57, reflecting positive market sentiment.
Not investment advice. For informational purposes only.