HCC shares jump over 9% to hit 52-week high on sale of Swiss arm for ₹928 cr
1 year, 1 month ago

HCC shares jump over 9% to hit 52-week high on sale of Swiss arm for ₹928 cr

Live Mint  

Hindustan Construction Company share price surged over 9% to hit 52-week high after Steinier AG, Switzerland, a material subsidiary of the company, entered into a share purchase agreement with Demathieu Bard for the divestment of its entire equity interest in Steiner Construction SA, Switzerland, a step-down material subsidiary of the company for ₹928 crore. As per filing, the company reported a consolidated net profit of ₹310.29 crore for the same period last year. The company's consolidated income for the July–September period decreased to ₹1,870.70 crore from ₹2,273.39 crore in the same period last year. During the quarter, the order backlog increased by- ₹900 crore through awards of variations in existing jobs,” the company said in a filing dated November 9.

Share Crore Switzerland Price Today Hcc Hcc Share Price Construction Company  cr  subsidiary  switzerland  crore  price  today  hit  construction  company  hcc  steiner  shares  sale  share  swiss  high  jump  arm  928

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HCC share price soars 8% as Elara initiates coverage, sees 54% upside
7 months ago

HCC share price soars 8% as Elara initiates coverage, sees 54% upside

Live Mint  

Hindustan Construction Company share price surged over 8% on Tuesday's session after domestic brokerage Elara Capital initiated coverage with a buy recommendation, believing that the company has the ability to reclaim its former glory. HCC share price today opened at an intraday low of ₹41.04 apiece on BSE, the stock touched an intraday high of ₹42.99 apiece. According to Rajesh …

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