Hindustan Construction Company News
ICICI Securities was the lead-manager to the issue.
Prior to this, the company received three contracts for construction of administrative blocks, township and metallic fuel plant from IGCAR.
Infrastructure firm Hindustan Construction Company (HCC) on Wednesday said its lenders have agreed to restructure its loans under RBI's recent S4A scheme.
Hindustan Construction Company (HCC) has bagged Rs 942.58 crore worth contract from BARC to construct first phase of its Integrated Nuclear Recycle Plant.
The cost for constructing girders of India's longest rail-cum-road bridge at Bogibeel over Brahmaputra in Assam, by a HCC-led consortium, is likely to escalate by over Rs 300 crore, mainly due to expansion and delay of the project.
HCC shares were trading at Rs 29.45 apiece on the BSE, up 1.73 percent from its previous close.
Infrastructure major Hindustan Construction Company Ltd on Friday said it has decided to allot 13.3 crore shares worth about Rs 400 crore to institutional investors.
It has also shelved plans to raise another Rs 750 crore through an issue of equity shares to qualified institutional investors to next fiscal.
After surging 12.17 percent to Rs 38.25 in intra-day trade on the BSE, HCC shares finally ended at Rs 36.75, up 7.77 percent.
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