HCC sparkles after Mumbai Metro order

Hindustan Construction Company (HCC)- Mumbai Metro Rail Corporation (MMRCL) joint venture with MMS of Russia has been awarded Rs 2523 crore contract by Mumbai Metro Rail Corporation (MMRCL).

The contract is for construction of 4072-meter corridor of the underground metro line including four underground stations at Chatrapati Shivaji Terminus, Kalbadevi, Girgaon and Grant Road and twin bored tunnels of the total length of 3115 m. The project is to be completed in 55 months. The project is the part of Line 3 of the Mumbai Metro from Colaba to SEEPZ.

HCC has been associated with 6 packages of Delhi Metro totalling 18.14 km of tunnels and 13 underground stations. In Kolkata Metro, the company has constructed 6.47 km tunnels in 6 packages that include 4 underground stations. In Mumbai Metro I, it has built 8 elevated stations.

The share price of HCC has increased by 11.96 per cent on bourses after winning orders; and is trading at Rs 22.65 on an intraday basis.

HCC provides engineering and construction services. The company's businesses span the sectors of engineering and construction, real estate, infrastructure, urban development and management. It has a presence in the sectors of hydro power, water solutions, transportation and nuclear power.