Hindustan Construction receives new water pipeline contract

Hindustan Construction Company Ltd has announced that the Company has received a Letter of Intent from The Superintending Engineer, Dummugudem Project Circle, Tekulapally, Dist: Khammam, Irrigation & CAD Department, Government of Andhra Pradesh, for laying of Water Pipeline under Rajiv Sagar Lift Irrigation Project (Dummugudem), Package No.32 in A.P.

The value of the contract is Rs 328.49 Crore.

The stock was trading at Rs.97.45, down by Rs.1.20 or 1.22%. The stock hit an intraday high of Rs.99.60 and low of Rs.96.90. The total traded quantity was 883006 compared to 2 week average of 557927.

Source : Equity Bulls

Keywords