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Vascon Engineers stock price climbs after company lands order for Lotus Park project in Ahmedabad

News by Aliceblue News Desk

12 Mar 2026

Vascon Engineers stock price climbs after company lands order for Lotus Park project in Ahmedabad

Introduction

Leading engineering firm secures ₹115.90 crore EPC order from Ahmedabad Municipal Corporation for Lotus Park development, with a 24-month timeline for project completion in the South West Zone.

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Share price movement of Vascon Engineers

On March 12, 2026, Vascon Engineers Ltd opened at ₹34.81, up 2.00% from its previous close of ₹34.12. The stock reached a high of ₹37.55 (10.10%) and a low of ₹34.22. By 2:58 PM, it traded at ₹34.92, a 2.34% increase, with a market cap of ₹798.51 crore.

Vascon Engineers Bags ₹115.9 Crore Order

Vascon Engineers Limited has received a work order worth ₹115.90 crore from Ahmedabad Municipal Corporation for developing Lotus Park on 54,000 sq. mtrs in the South West Zone.

The project is on an EPC basis and must be completed within 24 months. The order is awarded by a domestic entity, Ahmedabad Municipal Corporation, excluding GST.

Stock performance of Vascon Engineers for period of 1 week, 6 months, and 1 year

Vascon Engineers Ltd has delivered a 1-week return of -2.56%, a 6-month return of -40.6%, and a 1-year return of 0.59%.

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Shareholding pattern of Vascon Engineers

ParticularsDec 2025Sep 2025Jun 2025
Promoter30.80%31.10%31.10%
FII0.50%1.90%0.50%
DII0.00%0.00%0.00%
Public68.70%67.00%68.40%

About Vascon Engineers

Vascon Engineers Ltd (NSE: VASCONEQ), founded in 1986, is a Pune-based company engaged in EPC, real estate construction, and development projects across various sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Vascon Engineers Ltd share price rising today?

A: Vascon Engineers Ltd receives ₹115.90 crore EPC order from Ahmedabad Municipal Corporation for Lotus Park development, to be completed within 24 months.

Q: What is Vascon Engineers Ltd’s main business focus?

A: Vascon Engineers Ltd focuses on EPC projects, real estate construction, and development across residential, commercial, and infrastructure sectors.

Q: What are the 52-week high and low of Vascon Engineers Ltd stock?

A: Vascon Engineers Ltd stock’s 52-week high is ₹74.61 and the 52-week low is ₹32.69.

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