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HCC rises on bagging an EPC contract worth Rs 289 crore

04 Jan 2012

Hindustan Construction Company (HCC) is currently trading at Rs 18.05, up by 0.15 points or 0.84% from its previous closing of Rs 17.90 on the BSE.

The scrip opened at Rs 18.00 and has touched a high and low of Rs 18.25 and Rs 17.55 respectively. So far 205025 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 49.20 on 04-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 18.25 and Rs 16.30 respectively. The current market cap of the company is Rs 1070.67 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.

Related Hindustan Construction Company Ltd. Links:

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