Vascon Engineers soars 13% on Adani Infra partnership
Vascon Engineers's shares shot up 13% on Monday, September 29, 2025, after the company signed a five-year Memorandum of Understanding (MoU) with Adani Infra.
Under this deal, Vascon will help execute major new projects using an Early Engagement Model.
Partnership focuses on 3 major Mumbai projects
This partnership covers three big projects in Mumbai—together spanning over 13 million square feet—and could add about 30% to Vascon's annual turnover.
It's a major move that should strengthen their project pipeline and boost growth in India's infrastructure scene.
Trading volumes soar as stock nears yearly high
The news sent trading volumes soaring past one crore, way above normal levels.
Vascon's stock is now close to its yearly high and has climbed 32% in just a month—up an impressive 74% over six months.
Investors see this deal as a big step forward for the company's future.