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Hindustan Construction skyrockets on bagging an EPC contract worth Rs 289 crore

03 Jan 2012 Evaluate

Hindustan Construction Company is currently trading at Rs. 17.95, up by 1.45 points or 8.79% from its previous closing of Rs. 16.50 on the BSE.

The scrip opened at Rs. 16.90 and has touched a high and low of Rs. 18.00 and Rs. 16.60 respectively. So far 759944 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 49.70 on 03-Jan-2011 and a 52 week low of Rs. 15.90 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 18.05 and Rs. 16.30 respectively. The current market cap of the company is Rs. 1085.83 crore.

The promoters holding in the company stood at 39.86% while Institutions and Non-Institutions held 29.45% and 30.67% respectively.  

Hindustan Construction Company (HCC) has received an EPC contract worth Rs 289 crore from Gujarat Water Infrastructure, Govt. of Gujarat. The work involves construction of 57 km long water transmission pipeline between Dhanki and Maliya villages under the Swarnim Gujarat Saurashtra Kutch water grid progremme (NC-31).

The EPC contract involving the construction of a 32km long MS Pipeline of 2150mm diameter (ID) and 14.5mm thickness and a 25km long MS Pipeline of 2000mm diameter (ID) and 13.5mm thickness. The project scope also includes commissioning and maintenance for 5 years. The project is to be completed in 12 months from the date of issue of this order.

HCC’s experience in the road and transport sector spans over construction of some of the best infrastructure for mass rapid transport systems, railways, roads, bridges and highways. It has built nearly 300 roads and rail bridges and is building 84 km of the historical Mughal Road at a height of 3,494 meters above sea level through the Pir Panjal Mountains in Himalayas.

HCC Share Price

19.09 0.18 (0.95%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

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