Synopsis:
Hindustan Construction Company Limited has won a contract worth Rs.204 crore from Hindalco Industries Limited to supply, fabricate, and install pot shells and superstructure for the Aditya Aluminium smelter expansion in Odisha.
The shares of a small-cap firm engaged in the engineering and construction of various infrastructure projects across the country have gained market interest after receiving a contract worth Rs.204 crores.
With a market capitalization of Rs.5,178.23 crore, the shares of Hindustan Construction Company Limited were trading at Rs.28.46, down by 0.59 percent from the previous day’s closing price of Rs.28.63.
Contract
Hindustan Construction Company Limited has secured a Rs.204 crore contract from Hindalco for the fabrication, supply, and erection of pot shells and superstructures for the Aditya Aluminium smelter expansion in Odisha. The project supports Hindalco’s plan to boost smelting capacity by 200,000 tonnes per year in order to deliver industrial projects on a large scale.
The company will deliver the work to international standards, further strengthening its presence in specialised private-sector projects, and it will show its commitment to India’s industrial growth.
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About the company & Others
Hindustan Construction Company Limited focused on creating and developing sustainable infrastructure using advanced practices. With nearly 100 years of engineering experience, the company has completed many of India’s major infrastructure projects, including 26 percent of the country’s hydro power capacity and 60 percent of its nuclear power capacity.
The company has also built over 4,036 lane kilometers of expressways and highways, more than 402 kilometers of complex tunnels, and 403 bridges. Currently, it operates in the transportation, power, and water infrastructure sectors.
As per the latest available data, the company has an order book of Rs.11,188 crore, including multiple business sectors. Most of the upcoming work is in the transport sector, which accounts for the largest portion of the backlog, followed by the hydro power sector. Smaller but notable share come from the water sector, with the nuclear and buildings sector contributing the least.
The company’s revenue decreased from Rs.1,816 crore in Q1FY25 to Rs.1,091 crore in Q1FY26, while net profit rose from negative Rs.2 crore to Rs.51 crore over the same period. It reports a return on equity negative 0.70 percent and a return on capital employed of 25.2 percent.
Written by Jhanavi Sivakumar
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