Illustration: Binay Sinha2 min read Last Updated : Oct 14 2024 | 2:13 PM IST
Shares of Hindustan Construction Company (HCC) scaled up to Rs 44.80 per share on the BSE, rising 5.98 per cent in Monday’s intraday deals. The stock price surged after the company announced it has been awarded a Rs 1,031.6 crore contract by Maharashtra State Road Development Corp. Ltd. (MSRDC).
The contract is 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 enginnering procurement and construction (EPC) mode. Click here to connect with us on WhatsApp
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 metre. The bridge is located on the offshore side of Agardanda Jetty and Dighi Port, the company said in an exchange filing on Monday.
“The project includes two navigation spans…
