HCC gains after bagging contract worth Rs 127 crore
Hindustan Construction Company is currently trading at Rs. 24.20, up by 0.22 points or 0.92% from its previous closing of Rs. 23.98 on the BSE.
The scrip opened at Rs. 24.13 and has touched a high and low of Rs. 24.46 and Rs. 23.94 respectively. So far 800228 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 31.45 on 11-Jun-2025 and a 52 week low of Rs. 13.60 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 24.64 and Rs. 20.42 respectively. The current market cap of the company is Rs. 6339.11 crore.
The promoters holding in the company stood at 16.72%, while Institutions and Non-Institutions held 15.04% and 68.24% respectively.
Hindustan Construction Company (HCC) has secured a contract worth Rs 127 crore from Wangchhu Hydroelectric Power (WHPL), Bhutan. The contract pertains to construction works related to the Wangchhu Hydroelectric Project. The scope of work includes construction of diversion tunnels, hydromechanical gates and cofferdams. The contract is scheduled to be completed within nine months.
The diversion works are critical for enabling the early commencement of the project's primary civil works and maintaining the overall implementation schedule of the Wangchhu Hydroelectric Project. Bhutan's hydropower sector is poised for significant expansion under the country's 13th Five-Year Plan (2024-29), with the government targeting 6,000 MW of installed capacity and continued investments in large hydroelectric projects. The company's continued presence in Bhutan for over three decades has contributed significantly to the country's hydropower capacity through projects such as Tala (1 020 MW), Kurichu (60 MW), Punatsangchhu-1 (1200 MW), Dagachhu (114 MW) and Nikachhu (118 MW). The company has also executed 26% of India's installed hydropower capacity.
