Foreign Institutional Investors (FIIs) have reduced shareholding in Hindustan Construction Company (HCC) to 12.70% as of May 2, 2014 from 13.80% at the end of March 2014. Moreover, domestic institutional investors (DIIs) have also reduced shareholding in the company to 3.52% as of May 2, 2014 from 3.75% at the end of March 2014. Meanwhile, promoter and promoter group shareholding increased to 43.51% from 39.86% at the end of March 2014.
HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.
