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Vascon Engineers Shares Soar 10% on Rs 661 Crore Qualcomm India Order Win
M
Moneycontrol•25-09-2026, 09:49
Vascon Engineers Shares Soar 10% on Rs 661 Crore Qualcomm India Order Win
- •Vascon Engineers' shares surged nearly 10% after securing a Rs 660.79 crore work order from Qualcomm India.
- •The order is for the development of an office facility in Bengaluru, featuring three basements, ground plus 12 floors, and associated infrastructure.
- •The project is anticipated to be completed within 30 months, starting from the site handover date.
- •This significant order boosts Vascon Engineers' order book, which includes various construction and infrastructure projects.
Key Questions Answered
Vascon Engineers received a work order worth Rs 660.79 crore from Qualcomm India for developing an office facility in Bengaluru.
Vascon Engineers shares gained nearly 10% in opening trade on Friday following the announcement, surging 9.55% on the NSE to Rs 36.47 per share.
The office facility will comprise three basements, a ground floor plus 12 floors, and associated infrastructure. The project is scheduled to be finished over a period of 30 months starting from the date the site is handed over.
