Page 2 - Hcc

HCC sells road asset to Singapore's Cube Highways for Rs 3.7 bn

Company says additional consideration may be paid based on certain developments

HCC falls 15% on reports of subsidiary Lavasa Corp heading for bankruptcy

The stock hit 18-month low of Rs 24.60, down 15%, extending its Wednesday's 5% decline on the BSE

HCC JV bags Rs 497 cr order for Pune Metro

HCC's share in the JV is 51% (Rs 253.5 crore). The project is to be completed in 110 weeks

HCC's Q3 net dips by 80.49% to Rs 4.55 cr

Company is in the process of allotting balance number of equity shares and OCDs

HCC hits fresh 52-week high on Rs 369 crore order win from IRCON

The stock hit a fresh 52-week high of Rs 44.95, up 8% on the National Stock Exchange in intra-day trade

HCC to seek shareholders nod for conversion of loan into equity; stock hits 52-week high

The stock surged 11% to Rs 43.50, also its 52-week high on the BSE in intra-day trade

HCC board approves debt restructuring plan

S4A allows lenders to separate sustainable debt from unsustainable debt and then consider equity conversion options for the company's unsustainable debt

HCC Board approves S4A scheme & Rs 2,100 crore BG for collection of arbitral awards

It approved issuance of 25,19,92,670 equity shares of of face value Re 1/- each, representing 24.44% of capital

First S4A debt recast gets nod

Construction major HCC's Rs 5,000-crore debt recast has become the first case to get approval of a high-level panel set up under the Reserve Bank of India's (RBI) new Scheme for Sustainable Structuring of Stressed Assets (S4A).The scheme, passed by an ICICI Bank-led joint lender forum in September, has been now approved by the RBI-mandated Overseeing Committee and can be implemented now, banking sources said.Under this recast of HCC's Rs 5,000-crore debt, which has become the first successful resolution case under the RBI's highly ambitious S4A tool, 52 per cent of debt (nearly Rs 2,600 crore) was found to be sustainable and would be serviced as per the original terms and conditions, including about interest rate and tenure.Of the remaining 48 per cent (Rs 2,400 crore), a debt of Rs 1,000 crore would be converted into equity for the banks, which could eventually give them 25 per cent stake in the company's post-scheme equity capital. The remaining debt of Rs 1,400 crore would get conve

Debt-laden HCC gets relief under RBI 's S4A sheme

The scheme was unveiled by RBI this year to help resolve the corporate debt problem

HCC's net profit falls 43% in July-September quarter

The company reported a net profit of Rs 23.08 crore

HCC hits fresh 52-week high on contract from Department of Atomic Energy

The stock rallied 7% to Rs 41, also its fresh 52-week high on the BSE.

HCC bags Rs 182 crore order from Department of Atomic Energy

Project scope includes construction of five high-rise residential towers of ground plus 15 floors housing 600 apartments

HCC extends gain to hit 52-week high

The stock hit high of Rs 32.60, rallied 42% in past two trading sessions from Rs 22.95 on Tuesday.

Infra shares gain; HCC, Simplex Projects, ARSS Infra surge over 10%

Gammon India, ARSS Infra, GVK Power, Punj Lloyd, IVRCL, Simplex Infra, Atlanta and Supreme Infra up over 5% each.

HCC Q1 net profit up 17% to Rs 11 crore

The total income from operations increased to Rs 982.45 crore from Rs 975.07 crore in the year-ago period

HCC wins Rs 1,750 crore contract from IRCON

IRCON International, is an autonomous constructing agency for the Indian Railways

HCC bags orders worth Rs 623 crore for hydro power, tunnel

HCC President and CEO said, 'The two order win reflects growing confidence in HCC's capability to execute key projects in Himalayan ranges'

HCC bags contract worth Rs 635 crore from NTPC

The project is to be completed in 34 months