Overview

• The stock jumped as much as 20% to Rs 69.46, touching the upper circuit and setting a new 52-week high.
• Trading volumes topped 1 crore shares, far above the one-week average of 22 lakh and the one-month average of 56 lakh.
• The MoU names Vascon as execution partner for five years under an Early Engagement Model that integrates design through execution.
• Three Mumbai projects totaling about 13.15 million square feet have been identified under the arrangement.
• Market coverage cautions that benefits hinge on contract conversion and execution, with the arrangement subject to annual performance review.