Vascon Engineers bags Rs 198 Cr construction order from SBI at Hinjewadi Pune

Government or defence orderBusiness Updates View source PDF Explain this filing

VASCONEQ · price

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Price reactionminutes from the announcement price · days from the prior close

+11.3%Reaction day

₹30.11

prior close

₹31.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+10.6% vs market

On the reaction day the stock moved 10.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+6.8

10m

+7.4

15m

+5.2

30m

+3.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+11.3+0.7+10.6

Next day

+7.9-1.0+8.9

+2.8-3.6+6.3

+0.6-4.5+5.2

-2.7-6.8+4.1

-3.5-6.4+2.9

-1.3-4.7+3.4

15d

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vascon Engineers has received a Letter of Acceptance worth Rs 198 crore (excluding taxes) from State Bank of India for construction of SBILD, residential flats, and commercial outfits at Hinjewadi, Pune. The work is in EPC mode and must be completed within 24 months. The order is domestic and not a related party transaction.

Likely market impact

Strengthens order book with a PSU-backed contract, supporting revenue visibility over the next two years.