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HCC gains as its JV secures order worth Rs 1,114 crore in Manipur

24 Feb 2016 Evaluate

HCC is currently trading at Rs. 17.50, up by 0.05 points or 0.29% from its previous closing of Rs. 17.45 on the BSE.

The scrip opened at Rs. 17.45 and has touched a high and low of Rs. 17.70 and Rs. 17.15 respectively. So far 1,93,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 40.90 on 03-Mar-2015 and a 52 week low of Rs. 16.35 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 18.20 and Rs. 17.05 respectively. The current market cap of the company is Rs. 1,359.00 crore.

The promoters holding in the company stood at 36.07% while Institutions and Non-Institutions held 24.24% and 39.69% respectively.

Hindustan Construction Company (HCC), in joint venture with Vensar Constructions Company (VCCL), has been awarded Rs 1114 crore contract by the Public Works Department (PWD) of Government of Manipur. The contract is for construction of Imphal-Kangchup-Tamenglong highway, which is a part of Asian Highway No1. This project is backed by Asian Development Bank. This part of the highway starts at Imphal City and ends at Tamenglong covering a total length of 111 kms. The HCC share in the joint venture is 73%, which is Rs 813 crore. The project is to be completed in 42 months.

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.


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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