HCC rises on plan to bid for Arpinchala-Dharam railway project

24 Jun 2013

Hindustan Construction Company (HCC) is currently trading at Rs. 11.42, up by 0.12 points or 1.06% from its previous closing of Rs. 11.30 on the BSE.

The scrip opened at Rs. 11.35 and has touched a high and low of Rs. 11.78 and Rs. 11.20 respectively. So far 232994 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 22.15 on 06-Jul-2012 and a 52 week low of Rs. 10.10 on 21-Jun-2013.

Last one week high and low of the scrip stood at Rs. 12.51 and Rs. 10.10 respectively. The current market cap of the company is Rs. 688.50 crore.

The promoters holding in the company stood at 39.86% while Institutions and Non-Institutions held 22.61% and 37.51% respectively.

Hindustan Construction Company is likely to bid for the 13-km long Arpinchala-Dharam railway project in Jammu Kashmir. It has faced many challenges while executing the 11-km long Pir Panjal railway tunnel, the third longest in the world, and also the Uri-II hydro power project in Jammu and Kashmir. This project was awarded to the company in 2005 and track is now ready for the railways.

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

14.25 -0.25 (-1.72%) Jan 25, 18:01
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