Vascon Engineers Ltd. News and Updates

Name: Latest research reports of Vascon Engineers Ltd. authored by Kotak Securities and published by - Trendlyne research reports.
Item: Vascon Engineers Ltd.
Rating: 5
Author: Kotak Securities

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Vascon Engineers Ltd.

19 Feb 2018

67.48

-1.86%

What to watch: Vascon Engineers ties up for school Project

Business Line

Shares of Vascon Engineers will remain in focus, as the company has signed a pact with Lina Ashar Foundation Mumbai, to develop a built-to-suit property (Billabong High International School) in Pun

Vascon Engineers Ltd. average weekly volume is high.

Vascon Engineers Ltd.

19 Feb 2018

67.48

-1.86%

Vascon Engineer

Buy: Vascon Engineers Ltd.

Kotak Securities

Vascon Engineers (VEL) reported strong revenue growth in Q3FY18 due to high contribution from real estate business in the quarter. Net sales for the quarter grew at 84.8% yoy to Rs 935 mn with EBITDA turning positive at Rs.65mn and PAT going up to Rs.25 mn, which was inline with estimates. But the contribution from EPC segment was below our estimates at Rs 520 mn Vs estimates of Rs 571 mn as its new projects would contribute meaningfully from Q4FY18 onwards. VEL has external order backlog of Rs Rs 6.7 bn and internal order book of Rs 2.3 bn at the end of Q3FY18. VEL has added Rs 3.7 bn of new orders in 9MFY18 and is well...

Vascon Engineers Ltd. has gained 82.38% in the last 6 Months

Vascon Engineers Ltd.

08 Feb 2016

67.48

-1.86%

Company news

Business Line

Vascon Engineers has sold 66.69 lakh shares, representing 19.07 per cent of share capital of Ascent Hotels Private Ltd to Samhi Hotels Pvt Ltd for 26.67 crore by a share purchase agreement. Samhi is...

Vascon Engineers Ltd. is trading above all available SMAs

Vascon Engineers Ltd.

21 Jan 2016

67.48

-1.86%

Vascon Engineers Limited

Business Line

Vascon Engineers has acquired the remaining 35 per cent stake (i.e. 3,500 shares) of Greystone Premises Pvt Ltd from Pristine Buildcon Pvt Ltd. Following the acquisition Greystone has become a 100 per...