Hindustan Construction gains on reporting 41% rise in Q1 net profit

01 Aug 2014

Hindustan Construction Company is currently trading at Rs. 39.90, up by 0.25 points or 0.63% from its previous closing of Rs. 39.65 on the BSE.

The scrip opened at Rs. 39.00 and has touched a high and low of Rs. 40.50 and Rs. 38.60 respectively. So far 1,68,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 49.00 on 01-Jul-2014 and a 52 week low of Rs. 7.75 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 40.50 and Rs. 35.00 respectively. The current market cap of the company is Rs. 2,576.00 crore.

The promoters holding in the company stood at 43.51% while Institutions and Non-Institutions held 16.64% and 39.84% respectively.

The company’s net profit has surged by 40.93% at Rs 27.10 crore as compared to Rs 19.23 crore for the quarter ended June 30, 2013. However, the company’s total income from operations has decreased by 9.23% to Rs 1043.48 crore for the quarter under review from Rs 1149.56 crore for the corresponding quarter of the previous year.

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.

Related Hindustan Construction Company Ltd. Links:

HCC Share Price

7.95 0.09 (1.15%) Nov 15, 10:37
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Sensex vs HCC
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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