HCC shares jump 8% on Rs 182-cr order

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Press Trust of India New Delhi
Last Updated : Sep 14 2016 | 7:22 PM IST
Shares of Hindustan Construction Company (HCC) today surged 8 per cent after the company bagged construction order worth Rs 181.65 crore from the Department of Atomic Energy.
The scrip moved up by 7.87 per cent to end at Rs 41.10 on BSE. Intra-day, it soared 9.97 per cent to Rs 41.90 -- its 52-week high.
At NSE, shares of the company jumped 8 per cent to close at Rs 41.15.
In terms of volume, 99.17 lakh shares of the company were traded on BSE and over 4 crore shares changed hands at NSE during the day.
"HCC has been awarded Rs 181.65 crore contract by the Department of Atomic Energy to build premium high-rise residential towers at Indira Gandhi Centre for Atomic Research, Kalpakkam, Tamil Nadu," the company said in a statement yesterday.
This is an item rate contract to be completed in 30 months, it said.
Project scope includes construction of five high-rise residential towers of ground plus 15 floors housing 600 apartments, it said.

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First Published: Sep 14 2016 | 7:22 PM IST

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