{"id":111545,"date":"2023-10-10T17:12:57","date_gmt":"2023-10-10T11:42:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111545"},"modified":"2023-10-10T17:13:02","modified_gmt":"2023-10-10T11:43:02","slug":"stock-jumps-up-to-4-after-it-bags-an-order-worth-352-cr-for-construction-of-the-medi-college","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-up-to-4-after-it-bags-an-order-worth-352-cr-for-construction-of-the-medi-college\/","title":{"rendered":"Stock jumps up to 4% after it bags an order worth \u20b9 352 Cr\u00a0for construction of the Med college"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1948601982\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Tuesday this small-cap stock gains up to 4% after the company received an order worth Rs. 352.91 Cr. The stock closed 4.5% away from the 52-week high and 25.9% &amp; 46.4% above the 50-day and 200-day moving averages.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1774116068\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-vascon-engineers-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/VASCONEQ\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Vascon Engineers Ltd<\/a><\/strong><\/h4><p>Vascon Engineers Ltd has a market capitalisation of Rs. 1,630 Cr making it a small-cap company. The stocks closed at Rs. 75.05 on Tuesday. The stock hit an intra-day high of Rs. 76.75 indicating a gain of up to 4%&nbsp; as compared to the previous closing price of Rs. 73.74.<\/p><p>According to the BSE filing, Vascon Engineers Ltd has received a letter of acceptance amounting to Rs. 352.91 Cr from Jharkhand State Building Construction Corporation Limited for the remaining work of Construction of the Medical College and Upgradation of District Hospital at Koderma. The work is awarded on a BOQ basis.&nbsp;<\/p><p>The stock has given 178% returns in six months and 167% in one year, therefore making an investment of 1 lakh six months ago now would be worth Rs. 2.78 lakhs and making the same amount of investment one year ago now would be worth Rs. 2.67 lakhs.<\/p><div class=\"trade-content_5\" id=\"trade-2306101223\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s total revenue grew by 2.6% from Rs. 202.95 Cr in Q1 FY23 to Rs. 208.41 Cr in Q1 FY24 and for the same period, net profits increased by 10.2% from Rs. 10.81 Cr to Rs. 11.91 Cr.&nbsp;<\/p><p>As per the latest shareholding information, Promoters hold 32.20%, FIIs hold 0.51%, DIIs hold 0.11% and the public hold a 67.18% stake in the company.<\/p><p>Vascon Engineers Ltd. is a real estate development company that also provides contracting services. In addition, the company owns hotels, shopping malls, and an office building with partners.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3164622671\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Tuesday this small-cap stock gains up to 4% after the company received an order worth Rs. 352.91 Cr. The stock closed 4.5% away from the 52-week high and 25.9% &amp; 46.4% above the 50-day and 200-day moving averages. Vascon Engineers Ltd Vascon Engineers Ltd has a market capitalisation of Rs. 1,630 Cr making it [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":45293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,11271,11272,11270],"class_list":["post-111545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-vascon-engineers-latest-news","tag-vascon-engineers-latest-orders","tag-vascon-engineers-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps up to 4% after it bags an order worth \u20b9 352 Cr\u00a0for construction of the Med college - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Tuesday this small-cap stock gains up to 4% after the company received an order worth Rs. 352.91 Cr. 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