HCC

HCC suffers yet another multi-crore loss

HCC suffers yet another multi-crore lossHindustan Construction Company (HCC) on Friday reported yet another quarterly loss, mainly due to long delays in realization of payments and clearances of projects.

HCC, one of the leading infrastructure companies in India, announced that it suffered a consolidated net loss of Rs 502.6 million in the quarter ended Mar 31, 2013. In the March quarter of the previous fiscal, the company had suffered a net loss of Rs 541.7 million.

Hindustan Construction records a net loss of R40.5 crore

Hindustan Construction records a net loss of R40.5 croreHindustan Construction Company (HCC) has recorded a net loss of Rs. 40.5 crore in the second quarter of 2011 on a year-on year basis mainly due to increase in interest rates and delay in award of fresh orders form clients.

HCC Has Resistance At Rs 41

HCC Has Resistance At Rs 41Technical analyst Rajesh Satpute has maintained 'hold' rating on Hindustan Construction Company Limited (HCC) stock with a target of Rs 48-50 if it crosses its resistance of Rs 41.

According to analyst, the stock can be purchased with a stop loss of Rs 30.

Today, the stock of the company opened at Rs 35.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 74.85 and a low of Rs 32.05 on BSE.

Current EPS & P/E ratio stood at 1.51 and 23.22 respectively.

Short Term Buy Call For HCC

Short Term Buy Call For HCCTechnical analyst Pankaj Jain of Satguru Capital has maintained 'buy' rating on Hindustan Construction Company Limited (HCC) stock with a target above Rs 50.

According to analyst, the said target can be achieved in a period of three months.

Mr. Jain added that the interested investors can also hold the stock with a long-term view.

Today, the stock of the company opened at Rs 44.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 81.10 and a low of Rs 40.50 on BSE.

Current EPS & P/E ratio stood 1.62 and 28.29 respectively.

Hold HCC With Stop Loss Of Rs 36

Hold HCC With Stop Loss Of Rs 36Technical analyst Gaurang Shah of Geojit BNP Paribas has maintained 'hold' rating on Hindustan Construction Limited (HCC) stock with targets of Rs 48 and 52.

According to analyst, the stock can be purchased with a stop loss of Rs 36.

The stock of the company, on Dec 01, closed at Rs 45.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 81.10 and a low of Rs 40.50 on BSE.

Current EPS & P/E ratio stood at 1.62 and 28.23 respectively.

Buy HCC With Stop Loss Of Rs 39.80

Buy HCC With Stop Loss Of Rs 39.80Technical analyst Nikita Surekha has maintained 'buy' rating on Hindustan Construction Company Limited stock with a target of Rs 46-47.

According to analyst, the stock can be purchased with a stop loss of Rs 39.80.

The stock of the company, on Nov 29, closed at Rs 40.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 81.10 and a low of Rs 41 on BSE.

Current EPS & P/E ratio stood at 1.62 and 26.53 respectively.

Long Term Buy Call For HCC

Long Term Buy Call For HCCStock market analyst Rajesh Jain has maintained 'buy' rating on Hindustan Construction Company Ltd stock with a long term target of Rs 75.

Mr. Jain said that the investors can buy the stock on dips.

He also said that the stock of the company can attain the said target within a period of 12-18 months.

Today, the stock of the company opened at Rs 57.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 81.10 and a low of Rs 51.95 on BSE.

Current EPS & P/E ratio stood at 1.62 and 36.03 respectively.

Long Term Buy Call For HCC

Hindustan Construction Company LimitedThe company is coming out with the IPO of its 65% holding company Lavasa corporation by diluting 10% amounting Rs 2000cr, thereby creating value for its shareholders.

Lavasa - India'sfirst planned hill city is being developed by HCC spread over 12,500 acres located in the Western Ghats, on the banks of the Baji Pasalkar Reservoir behind the Varasgaon Dam (Varasgaon Dam & Reservoir) near Pune and Mumbai.

Hindustan Construction Ltd Term Buy Call: StocksIdea.com

Hindustan Construction Ltd Term Buy Call: Stocks ideaHCC is one of the largest private sector construction companies in India and the foremost in infrastructure building. Businessman and nationalist, Seth Walchand Hirachand, founded the company. With a vision for a modern and prosperous India, Seth Walchand entered into the core sector of industry and on 27th January 1926 Hindustan Construction Company Ltd.,(HCC) was born. Company started initially with tunneling works has today grown to a Company with a dedicated, experienced and expert team of people achieving remarkable feats in the field of civil engineering construction.

Buy HCC With Target Of Rs 71

Buy HCC With Target Of Rs 71Stock market analyst Jatinder Sharma has maintained 'buy' rating on Hindustan Construction Company Limited stock to achieve a target of Rs 71.

According to analyst, the interested investors can buy the stock with a strict stop loss of Rs 62.50.

Mr. Sharma added that the investors can achieve the said target within 3-5 trading sessions.

The stock of the company, on Oct 08, closed at Rs 65.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 81.10 and a low of Rs 51.95 on BSE.

Current EPS & P/E ratio stood at 1.51 and 44.10 respectively.

Lavasa files papers for its 2,000 crore rupees IPO

Lavasa files papers for its 2,000 crore rupees IPO Just like the plans of close to two dozen Indian developers that are planning to hit the capital markets with their IPO, Lavasa Corporation is also almost ready with its public issue.

The company which is a subsidiary of infrastructure giant, HCC has already submitted its papers with SEBI. The IPO is supposed to come to the market by December and will be one of the few by the developers that has come to the scene.

Lavasa to come up a public issue

HCC-LAVASASubsidiary of HCC (Hindustan Construction Company), Lavasa Corporation has said that it will be coming up with a public issue very soon.

HCC is a big infrastructure company and is known for being the maker of the famous Bandra-Worli Sea Link and the worth of the issue is expected to be 2,000 crore rupees.

The company said that it expects the issue to come by December of this year and the information was given by a senior official of HCC.

HCC Intraday Buy Call

HCC Intraday Buy CallStock market analyst Anil Singhvi is of the view that investors can buy Hindustan Construction Company Ltd (HCC) stock with intra day target of Rs 122.

Mr. Singhvi said that the interested investors can buy the stock with stop loss of Rs 114.

The shares of the company, on June 23, closed at Rs 99.05 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 108.80 and a low of Rs 40.50 on BSE.

Current EPS & P/E ratio stood at 5.25 and 19.16 respectively.

HCC Pockets Hyro Power Deal Worth Rs 431 Crore

HCC Pockets Hyro Power Deal Worth Rs 431 CroreInfrastructure major Hindustan construction company (HCC) announced that it has pocketed an engineering, procurement and construction contract (EPC) valued at Rs 431 crore from Himachal Pradesh Power Corporation (HPPCL).

The 100 MW Sainj hydroelectric project, about 52 Km from Kullu, is to be finished within 48 months.

Mr. Vinayak Deshpande, president and chief operating officer of HCC stated, "The contracts demonstrate HCC's EPC expertise in the hydel power development sector."

HCC sells 74% stake to IL&FS

hindustan-construction-companyInfrastructure Company, Hindustan Construction Company (HCC) said on Friday that it is going to sell 74 per cent of its stake to IL&FS through its subsidiary.

HCC Real Estate will be selling the equity share in its 247 Park to IL&FS Milestone Fund.

The total value of the deal is expected to be Rs. 775 crore in which the total debt component is going to be Rs. 380 crore. And as per the latest news, HCC will be getting Rs. 292 crore in form of cash while the remaining amount will be in other forms.

Sell HCC With Target Of Rs 90

Sell HCC With Target Of Rs 90Stock market analyst Ashwani Gujral has maintained 'Sell' rating on Hindustan Construction Company Ltd (HCC) stock with target of Rs 90.

According to Mr. Gujral, the investors can sell the stock with stop loss of Rs 108.

Today, the stock opened at Rs 13.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 162.20 and a low of Rs 96.45 on BSE.

Current EPS & P/E ratio stood at 2.69 and 38.77 respectively.

Hindustan Construction Company (HCC) has pocketed a contract worth Rs 887.92 crore from the Nuclear Power Corporation of India.

HCC Pockets Order Worth Rs 888 Cr From Nuclear Power Corp

HCC Pockets Order Worth Rs 888 Cr From Nuclear Power CorpEngineering major Hindustan Construction Company (HCC) has announced that it has bagged an order from the Nuclear Power Corporation of India.

The scope of the order, which is valued at Rs 887.92 crore, includes construction of miscellaneous buildings, which includes finishing works for two divisions of Rajasthan Atomic Power Project in Kota.

The order is to be finished in 50 calendar months.

In a declaration, the company has built six units of the project.

HCC post Rs. 42.97 crore profit in Q4

HCCInfrastructure company, Hindustan Construction Company (HCC) said on Friday that it has seen a profit figure of Rs. 42.97 crore for the fourth quarter ending March 31, 2010. The figure has dropped significantly as compared to the same during last fiscal when it was Rs. 51.36 crore.

HCC is into the business of engineering and construction and came to limelight because of its work in the Bandra-Worli Sea Link in Mumbai.

In its filing, the company said that the adoption of new accounting standards was the reason behind this fall. And so, the figures for the current year should not be compared to the same for last year.

Swiss developer Karl Steiner to sell 66% stake to Hindustan Construction

HCCHindustan Construction Co. (HCC) is all set to acquire a major stake in Karl Steiner AG, the Switzerland based real estate player.

The Indian construction firm will be picking up a 66% stake in Karl Steiner for now. However, the deal is still waiting for approval from the regulatory authorities of India and Switzerland. HCC has long term plans to take full control of the Swiss developer.

As revealed by Ajit Gulabchand, Chairman and Managing Director, Hindustan Constructions, the company will be buying out the rest 34% stake in Karl Steiner in 2014 from its sole owner Peter Steiner.

HCC buys controlling stake in Swiss real estate firm

HCC-LogoMarking its entry into the European real estate market, Hindustan Construction Company (HCC) has bought two-third stake in Swiss real estate firm Karl Steiner AG for nearly Rs. 150 crore. The all cash deal would also unlock the Gulf markets for the company.

Subject to approval, the acquisition would give Ajit Gulabchand-led HCC an entry to the high rise building construction segment. As per Mr. Gulabchand, "We agreed to acquire a 66 per cent stake in Karl Steiner AGKarl Steiner AG (KSAG) to enter the high-rise building construction arena."

HCC expects to wrap the deal by the first quarter of the next fiscal.




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