HCC soars on securing two contracts worth Rs 2565.81 crore from PMRCL
Hindustan Construction Company is currently trading at Rs. 29.27, up by 0.63 points or 2.20% from its previous closing of Rs. 28.64 on the BSE.
The scrip opened at Rs. 28.76 and has touched a high and low of Rs. 30.00 and Rs. 27.85 respectively. So far 2296852 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 47.83 on 16-Dec-2024 and a 52 week low of Rs. 21.37 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 30.00 and Rs. 27.85 respectively. The current market cap of the company is Rs. 5314.69 crore.
The promoters holding in the company stood at 16.72%, while Institutions and Non-Institutions held 16.65% and 66.64% respectively.
Hindustan Construction Company (HCC) has secured two prestigious contracts worth around Rs 2565.81 crore from Patna Metro Rail Corporation (PMRCL). The contracts involve the construction of 10.67 km of underground tunnels using Tunnel Boring Machines (TBM) and six metro stations under Phase I of the Patna Metro Rail Project.
Package PC-05 includes the design and construction of twin tunnels using a shield TBM, a cut-and-cover tunnel, an underground ramp at Mithapur, and three metro stations: Vikas Bhawan, Vidyut Bhawan and Patna Station. Package PC-06 comprises an underground ramp at Rukanpura and three metro stations: Rukanpura, Raja Bazar and Patna Zoo. Both packages also encompass architectural finishing, water supply systems, sanitary and drainage works for stations along the Danapur- Khemnichak Corridor.
With these new contracts, the company continues to strengthen its position as a key player in India's metro infrastructure development. The company is currently executing works on Mumbai Metro Line Ill involving 4 km of twin tunnels and four stations, Indore Metro Phase-1 involving 5.66 km of twin tunnels by TBM and seven underground stations, in addition to two packages of the Chennai Metro.
Hindustan Construction Company (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.
