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Reading: HCC-Tata Tasks JV Wins Rs 2,191 Crore Indore Metro Contract, Shares Up 2.5%
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StockWaves > Financial News > HCC-Tata Tasks JV Wins Rs 2,191 Crore Indore Metro Contract, Shares Up 2.5%
Financial News

HCC-Tata Tasks JV Wins Rs 2,191 Crore Indore Metro Contract, Shares Up 2.5%

StockWaves By StockWaves Last updated: March 17, 2025 3 Min Read
HCC-Tata Tasks JV Wins Rs 2,191 Crore Indore Metro Contract, Shares Up 2.5%
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March 17, 2025March 17, 2025



Shares of Hindustan Building Firm Ltd (HCC) rose 2.5% to the touch a day’s excessive of Rs 23.95 on seventeenth March. The surge got here after HCC and its JV companion Tata Tasks Ltd. (TPL) secured a Rs 2,191 crore contract to construct an 8.65 km-long hall with underground tunnels and stations for Madhya Pradesh Metro Rail Company Restricted (MPMRCL).

HCC holds a 55% stake within the three way partnership, amounting to Rs 1,205 crore.

The bundle consists of an 11.32 km-long tunnel utilizing a tunnel boring machine (TBM) and 7 underground stations at Indore Railway Station, Rajwada, Chota Ganpati, Bada Ganpati, Ramchandra Nagar, BSF/Kalani Nagar, and Airport.

You May Be In

It connects a ramp east of Indore Railway Station to west of Airport Station.

HCC is presently engaged on Mumbai Metro Line III, developing 4 km of dual tunnels, 4 stations, and two Chennai Metro packages.

The corporate has constructed main sections of the Delhi Metro, Bangalore Metro, Mumbai Metro Line I, and Kolkata Metro.

At 10:40 AM, the shares of HCC have been buying and selling 1.86% larger at Rs 23.04 on NSE.

Curious About HCC? Ask the Analyst.

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