HCC shares decline nearly 2% after firm bags contract worth ₹204 crore from Hindalco

At 1:56 PM, shares of HCC were trading 1.05% lower at ₹28.34 per equity share on the National Stock Exchange (NSE).

The project involves the fabrication, supply, and erection of the pot shell and superstructure for the Aditya Aluminium smelter expansion in Odisha. It is a key part of Hindalco’s plan to raise aluminium smelting capacity by 2 lakh tonnes per year.

“The new contract reinforces HCC's growing presence in specialised private sector projects. It also reaffirms the company's commitment to supporting India's industrial growth through innovation, technical excellence, and execution reliability,” the company said in an exchange filing.

Last month, on September 30, the company had signed an agreement with Konkan Railway Corporation Ltd (KRCL) to jointly execute large-scale railway and multi-modal transport infrastructure projects across India and international markets.

Additionally, on September 23, the company won two contracts aggregating to ₹2,566 crore for the Patna Metro project. The contracts, including one valued at approximately ₹1,418.3 crore and the other at ₹1,147.51 crore, were awarded by the Patna Metro Rail Corporation Limited (PMRCL), HCC said in a regulatory filing.

The contracts involve the construction of 10.67 km of underground tunnels using Tunnel Boring Machines (TBM) and six metro stations under Phase I of the Patna Metro Rail project.

Share price details

Over the past five trading sessions, HCC shares rose 1.98%, while they declined 0.46% over the past month. In the last six months, the stock gained 8.97% but is down 26.51% year-to-date.

HCC shares hit a 52-week high of ₹47.85 on December 16, 2024, and a 52-week low of ₹21.97 on March 3, 2025. As of October 13, the company’s market capitalisation stood at ₹5,156.40 crore.