HCC shares gain 4 pc on Rs 369-cr order win

The scrip of Hindustan Construction Company (HCC) went up by nearly 4 per cent today after the company bagged a contract worth Rs 368.6 crore from IRCON International Ltd in Jammu and Kashmir.
The stock gained 3.47 per cent to end at Rs 43.20 on BSE. During the day, it surged 7.42 per cent to Rs 44.85 -- its 52-week high.
At NSE, shares of the company jumped 3.84 per cent to close at Rs 43.25.
On the volume front, 30.64 lakh shares of the company were traded on BSE and more than 1 crore shares changed hands at NSE during the day.

"HCC has been awarded a Rs 368.6 crore contract by IRCON International Ltd for construction of the Cable Stayed Bridge including its approaches across river Anji Khad in Jammu and Kashmir," the company said in a statement yesterday.
The project is to be completed in 36 months, it added.