HCC wins Rs 1031.6 Cr order from MSRDC

Hindustan Construction Company Ltd. (HCC) has been awarded a Rs 1,031.6 crore contract by Maharashtra State Road Development Corp. Ltd. (MSRDC) for the construction of a two-lane bridge across Agardanda Creek in Raigad District on Revas-Reddi Coastal Highway (MSH-04) in Maharashtra on an EPC mode.

The total length of the Bridge is 4.3 km, consisting of approaches of 45 m on the Agardanda side, 145 m on the Dig hi side, and the main Bridge of 4,120 m. The Bridge is located on the offshore side of Agardanda Jetty and Dighi Port. The project includes two navigation spans with horizontal clearance of 100 m and vertical clearance of 15 m. The Bridge proper consists of a cable-stayed superstructure for navigational spans totalling 420 m with a span configuration of 67.5 m + 142.5 m + 142.5 m + 67.5 m.

Once completed, this project is poised to contribute to enhanced connectivity, reduced travel time and the region's overall economic development. This latest win by HCC is yet another contribution by the company to Maharashtra's infrastructure landscape.

Shares of Hindustan Construction Company Limited was last trading in BSE at Rs. 42.27 as compared to the previous close of Rs. 39.50. The total number of shares traded during the day was 4066195 in over 11390 trades.

The stock hit an intraday high of Rs. 42.80 and intraday low of 38.76. The net turnover during the day was Rs. 168919961.00.

Source : Equity Bulls

Keywords

HindustanConstructionCompany INE549A01026 HCC OrderWin