Hindustan Construction Company surged 16.1% to Rs 33.90 at 14:09 IST on BSE after net profit jumped 403.5% to Rs 27.14 crore on 28.5% growth in net sales to Rs 1094.69 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced after market hours yesterday, 29 January 2015.
Meanwhile, the S&P BSE Sensex was down 469.17 points or 1.58% at 29,212.02.
The stock surged on heavy volumes. On BSE, so far 48.90 lakh shares were traded in the counter as against average daily volume of 11 lakh shares in the past one quarter.
The stock hit a high of Rs 34.35 and a low of Rs 31.20 so far during the day. The stock had hit a 52-week high of Rs 49 on 1 July 2014. The stock had hit a 52-week low of Rs 12.35 on 17 February 2014.
The stock had underperformed the market over the past one month till 29 January 2015, advancing 0.52% compared with Sensex's 8.34% rise. The scrip had also underperformed the market in past one quarter, sliding 2.83% as against Sensex's 9.53% rise.
The small-cap company has equity capital of Rs 64.58 crore. Face value per share is Re 1.
Hindustan Construction Company (HCC) Group delivers engineering & construction services.
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