For the financial year 2022-23, Vascon Engineers said the consolidated profit grew by 177 percent to Rs 99.41 crore and revenue surged 53.1 percent to Rs 999.9 crore compared to previous year.

Vascon Engineers rallies 7% after robust growth in quarterly earnings

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Stocks that will see action on March 24, 2023

Vascon Engineers secures work order from Uttar Pradesh PWD

Vascon Engineers Limited has received Letter of Acceptance amounting to Rs 158.09 crore for design, engineering, procurement and construction of Jila Karagar at Amethi in Uttar Pradesh

Vascon Engineers stock gains on bagging order worth Rs 158 crore

Vascon has already developed more than 15 lakh square feet residential project in Kharadi.

Vascon Engineers inks JV agreement for commercial project in Kharadi, Pune

Vascon Engineers consolidated net profit rises 562.57% in the September 2022 quarter

Vascon Engineers rose 3.35% to Rs 27.75 after the company said it signed a project of redeveloping a cooperative housing society at Santacruz (West) in Mumbai.

Vascon Engg jumps on signing redevelopment project in Mumbai

The ratings reflect expectation of sustained improvement in the operating performance of VEL.

CRISIL assigns rating on Vascon Engineers’ bank facilities; Stock jumps 4%

Vascon Engineers surged 5.61% to Rs 25.40 after the company’s consolidated net profit surged 324.31% to Rs 10.82 crore on 15.05% rise in net sales to Rs 217.92 crore in Q4 March 2022 over Q4 March 2021.

Vascon Engg spurts after Q4 PAT soars 324% YoY to Rs 11 cr

Vascon Engineers consolidated net profit rises 324.31% in the March 2022 quarter

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Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Vascon Engineers Limited is an engineering, procurement and construction (EPC) company whose principal activities include real estate development, hospitality, and manufacturing and building management system.