Vascon Engineers rose over 4% to Rs.39 with minutes of opening for trade. It is currently traded at Rs.38.55, up 3%. Its 52-week high and an low stands at Rs.58.80 and Rs.26.15 respectively.

The company has received Letter of award from Transcon Sheth Creators Private Limited, a Domestic Entity for the work of Civil Construction, Finishing, Electrical and Fire Fighting Work of Residential Building no 3 and 4 (Ground plus 23 Floors) in Malad (W) amounting to Rs. 80.41 crores.

The work has to be completed within 24 months from the date of receipt of Work Order.

The company will be declaring its Q1FY18 performance on 10th August.