Hindustan Construction Company Joint Venture Bags New Order Worth INR21.9 Billion

MT Newswires Live
17 Mar

Hindustan Construction Company (NSE:HCC, BOM:500185), in joint venture with Tata Projects, has secured an order worth 21.9 billion Indian rupees from the Madhya Pradesh Metro Rail Corporation, according to a Monday filing to the Indian stock exchanges.

The contract involves the construction of a 8.65 km long corridor including underground tunnels and stations for the Indore metro project.

Hindustan Construction holds a 55% share in the joint venture, amounting to 12.05 billion rupees.

Price (INR): ₹23.31, Change: ₹+0.69, Percent Change: +3.05%

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