HCC gains on new orders
By IRIS
11th September 2012 03:18 PM
Hindustan
Construction Company (HCC) gained on Tuesday after it has bagged
two major orders worth Rs 15.34 billion in various business
segments.The first contract is worth Rs 8.84 billion and needs to
be complpeted in 60 months.
On the other hand, the company has
bagged another EPC order worth Rs 6.5 billion for expansion of a
section between Vadodara and Surat. Shares of the company are
trading at Rs 16.10, up Rs 0.4, or 2.55% at the Bombay Stock
Exchange (BSE) on Tuesday at 1:08 p.m.The scrip has touched an
intra-day high of Rs 16.45 and low of Rs 15.60. The total volume of
shares traded at the BSE is 496,930.In the earlier session, the
shares fell 1.88%, or Rs 0.3, at Rs 15.70. Currently, the stock is
trading down 51.21% from its 52-week high of Rs 33 and above 7.69%
over the 52-week low of Rs 14.95.
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