India's Vascon Engineers jumps after $69 million order win

By Reuters News04:04 (UTC), 25 September 2026 Updated

** Shares of construction and engineering company Vascon Engineers VASC.NS rise about 10% to 36.59 rupees, logging biggest intraday pct jump since April 1, 2026

** Stock touches highest level in over a month

** Co wins order worth 6.61 billion rupees ($68.92 million) from Qualcomm's QCOM.O India unit for development of its office facility in Bengaluru

** Work to be completed within 30 months from the date of site handover

** YTD, shares down 18.75%

($1 = 95.9100 Indian rupees)

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