India's Vascon Engineers rises on term loan facility approval from Aditya Birla Finance

Vascon Engineers

29/03/2023 07:48

** Shares of Vascon Engineers  VASC.NS  rise as much as
6.46% to 25.55 rupees, mark their sharpest intraday pct gain
since Feb 24
    ** Stock on track to snap three consecutive sessions of
losses, if gains hold
    ** Co said on Tuesday it has approved availing term loan
facility worth upto 66 mln rupees ($801,359.88) from Aditya
Birla Finance
    ** More than 427,000 shares change hands vs 30-day avg of
626,610 shares
    ** Stock down ~28.5% YTD, as of last close

    ($1 = 82.3600 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))