Hindustan Construction Company lost 3.86% to Rs 21.15 at 11:04 IST on BSE after net profit declined 7.3% to Rs 19.14 crore on 4.6% growth in net sales to Rs 1171.88 crore in Q4 March 2016 over Q4 March 2015.
The result was announced after market hours yesterday, 28 April 2016.Meanwhile, the S&P BSE Sensex was up 69.23 points or 0.27% at 25,672.33.
On BSE, so far 6.74 lakh shares were traded in the counter as against average daily volume of 8.43 lakh shares in the past one quarter. The stock hit a high of Rs 22.30 and a low of Rs 21.10 so far during the day. The stock had hit a 52-week low of Rs 16.35 on 25 August 2015. The stock had hit a 52-week high of Rs 33.15 on 29 April 2015. The stock had outperformed the market over the past one month till 28 April 2016, gaining 13.11% compared with Sensex's 2.55% rise. The scrip had, however, underperformed the market in past one quarter, advancing 1.62% as against Sensex's 4.63% rise.
The small-cap company has equity capital of Rs 77.92 crore. Face value per share is Rs 1.
Hindustan Construction Company's (HCC) operating profit rose 22.5% to Rs 235.50 crore in Q4 March 2016 over Q4 March 2015. Earnings before interest, taxation, depreciation and amortization (EBITDA) margin edged higher to 19.8% in Q4 March 2016, from 17.2% in Q4 March 2015.
HCC is a business group of global scale developing and building responsible infrastructure through next practices. The company serves the infrastructure sectors of transportation, power and water.
Powered by Capital Market - Live News