Vascon Share: A Stock that Can Give You Multibagger Returns with its Rs 605 Crore Order
August 24, 2023
Bagged New Orders
/ Engineering and Construction
Vascon Share: A Rising Star in the Engineering and Construction Sector Introduction Vascon Share is a company that specializes in real estate and EPC (engineering, procurement, and construction) projects. The company has been in the business for more than 37 years and has completed over 200 projects in India and abroad. The company has a market cap of Rs 1,319.11 crore and a debt of Rs 137.65 crore, which gives it a healthy balance sheet. The company has also shown impressive sales growth of 29.11% and profit growth of 190.82% in the last year. The company has recently received a new order of Rs 605 crore from Bihar Medical Services and Infra Corporation Limited to construct a hospital in the Supaul district of Bihar. This is a huge boost for the company as it will increase its order book and revenue potential. The project is expected to be completed in 36 months, which will also improve the company’s cash flow and profitability. In this blog post, we will discuss the follo...