Vascon Engineers: Receives Letter of Intent for Construction of Residential Building namely Astoria at Bandra, Mumbai
Vascon Engineers (VASCONEQ) said it has received an order. The company is valued at about ₹691 crore.
What happened
In a filing with the NSE on 28 October 2026 at 06:14 PM, Vascon Engineers (VASCONEQ) said that it has received an order.
Company snapshot
Vascon Engineers is a micro-cap company, with a market value of about ₹691 crore.
The stock last traded at ₹29.84, against a 52-week range of ₹26.75–₹70.2 (57.5% below the high).
Before this filing the shares had moved −12.2% over the month and −8.5% over three months. Average daily turnover over the last 20 sessions was about ₹4.98 crore.
Promoters held 30.38% at the end of Q1 FY27. Foreign institutions owned 0.33% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 221 | 22.5 | 0.99 |
| Q2 FY26 | 226 | 11.4 | 0.5 |
| Q3 FY26 | 249 | 9.3 | 0.41 |
| Q4 FY26 | 253 | 5.7 | 0.25 |
| Q1 FY27 | 152 | 2 | 0.09 |
What history shows
This is not the company's first order win disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.8% on average the next trading day and was up 5.5% on average after five days (2 filings with price data).
Market-wide, 2,056 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Jul 2026 | Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015… | +1.3% | −0.5% |
| 10 Jun 2026 | Bagging/Receiving of orders/contracts for Demolition and… | +4.2% | +11.5% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Vascon Engineers Surges 11% After SBI Construction Order
- Vascon Engineers Receives Rs. 198 Crore SBI Construction Order in Pune
- Vascon Engineers Wins Rs. 1.98 bn SBI Order in Pune
- Vascon Engineers Limited Estimates – NSE:VASCONEQ
- Vascon Engineers secures Rs 198 crore SBI construction contract in Pune
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.