India's Vascon Engineers rises on receiving contract worth $50 mln

Vascon Engineers

23/01/2024 07:13

** Shares of Vascon Engineers  VASC.NS  up 1.3% after co
receives contract worth $50 mln
    ** Co received contract from Capgemini Technology Services
India for Chennai SIPCOT base built construction project
    ** Contract worth 4.16 bln rupees ($50.1 million), work to
be completed within 30 months 
    ** Stock has been trading above its 200-day moving avg since
mid-April, 2023
    ** Over 9 mln shares change hands by 12:41 p.m. IST, 2.6x
30-day avg



($1 = 83.0725 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))