HCC extends gain on bagging contract worth Rs 1,597 crore

24 Dec 2013 Evaluate

HCC is currently trading at Rs. 14.30, up by 0.11 points or 0.78% from its previous closing of Rs. 14.19 on the BSE.

The scrip opened at Rs. 14.38 and has touched a high and low of Rs. 14.56 and Rs. 14.19 respectively. So far 4, 76,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 20.85 on 09-Jan-2013 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. 14.50 and Rs. 12.56 respectively. The current market cap of the company is Rs. 865 crore.

The promoters holding in the company stood at 39.86% while Institutions and Non-Institutions held 20.61% and 39.51% respectively.

Hindustan Construction Company (HCC), a leading infrastructure construction and development company has received a prestigious contract worth Rs 1,597 crore from THDC India to construct Vishnugad Pipalkoti Hydro Electric Power project in Chamoli district of Uttrakhand. This is an EPC contract (Engineering, Procurement and Construction) for civil works, hydro-mechanical works including penstock steel liner of the hydro electric power project. The project will be completed in 54 months.

Vishnugad Pipalkoti Hydel power project is a 444 MW (4x111 MW) run of river scheme on Alaknanda River, which is a major tributary of river Ganga. The scope of work involves construction of concrete gravity dam (65m high), coffer dam, de-silting chamber, head race tunnel (13.4 km long, 8.8m dia), surge shaft, pressure shaft, underground power house and cavern, surge tank, tail race tunnel and hydro mechanical works. Around 12.5 km head race tunnel will be excavated using tunnel boring machine.

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

33.15 -0.94 (-2.76%)
15-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3501.15
Rail Vikas Nigam 371.90
NCC 242.65
KEC International 952.65
Kalpataru Projects 1176.80
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.