Yes Bank, The South Indian Bank, Hindustan Construction, Bajaj Hindusthan Sugar and Take Solutions, which currently trade below ₹50-mark, can potentially zoom up to 42%, suggest technical charts.
Technical charts suggest that stocks like Hindustan Motors, HCC, Paisalo Digital, Equitas SFB and Suzlon Energy, which at present trade below ₹100; can potentially zoom up to 73% from here on.
Hindustan Construction Company (HCC) on Thursday reported a 63.37 per cent decline in consolidated net profit to Rs 90.08 crore for the quarter ended March 2025. The company had clocked a profit of Rs 245.23 crore in the year-ago period, it said in a BSE filing. Its total income during the quarter under review stood at Rs 1,392.20 crore compared to Rs 1,813.05 crore a year ago. The company's total expenses declined to Rs 1,077.91 crore from Rs 2,073.33 crore a year earlier. For the entire 2024-25, it logged a consolidated net profit of Rs 112.63 crore. It had posted a net profit of Rs 478.16 crore in FY24. HCC, in a statement, said it has secured three contracts worth Rs 5,692.6 crore with JV partners (HCC's share at Rs 3,472 crore) during the financial year. The company is also the lowest bidder in projects worth Rs 3,513 crore, where contracts are yet to be signed. Furthermore, HCC has submitted bids worth Rs 30,950 crore, which are under evaluation, it added. During the year,
HCC posted a loss of Rs 216 crore in the December quarter of FY25, as against a profit of Rs 68.5 crore in the same quarter a year ago
The stock price of Hindustan Construction Company (HCC) fell up to 4.81 per cent to Rs 46.62 per share on the BSE in Tuesday's intraday deals
For the June quarter (Q1FY24), HCC had reported a consolidated profit of Rs 52.70 crore, as compared to a loss of Rs 280.70 crore in a year ago quarter.
Co to hive off part of debt, receivables to a SPV; to hold 49% stake in SPV
Delta Corp will be in focus ahead of its Q3 earnings, the stock is also in F&O ban. HCC may come under pressure owing to debt default.
HCC owns 68.72 per cent in Lavasa through its wholly-owned subsidiary HCC Real Estate Limited (HREL) and Hincon Finance Ltd (HFL)