HCC signs MoU with KRCL to execute large-scale transport projects; here's how stock reacted

Shares of Hindustan Construction Company (HCC) declined 2.26% to touch an intraday low of ₹26.81 apiece on the National Stock Exchange (NSE). At 1:44 PM, shares of HCC were trading 2.01% lower at ₹26.88 per equity share.

The company, in a statement, said the Memorandum of Understanding (MoU) establishes a framework for long-term collaboration that brings together complementary strengths of both organisations.

Together, the partners will deliver integrated, end-to-end solutions across the full spectrum of transport infrastructure, including civil works, track laying, signalling, electrification, MEP systems, operations and maintenance, and other critical components of modern transport networks, it added.

According to the statement, the partnership will particularly focus on complex assignments such as underground and elevated metro systems, NATM tunnelling, railway bridges, and large-scale EPC contracts.

Commenting on the development, Arjun Dhawan, Vice Chairman & Managing Director, HCC, said, "By combining capabilities, we aim to expand our presence in both domestic and international markets while delivering fully integrated transport solutions that span civil construction and rail systems."

Santosh Kumar Jha, Chairman & Managing Director, KRCL, added, "Konkan Railway Corporation is pleased to join hands with HCC to jointly pursue infrastructure projects of national and international significance. With our combined expertise, we are well-positioned to execute complex projects, extend our operational footprint, and contribute meaningfully to the advancement of modern transport networks."

HCC share price

Over the last five trading sessions, HCC shares declined 8.38%. On the other hand, the stock rose 5.33% in the last month. Further, the scrip advanced 1.93% over the past six months. The stock dropped 30.20% on a year-to-date basis.

The stock touched its 52-week high of ₹47.85 on December 16, 2024 and its 52-week low of ₹21.97 on March 3, 2025. The company’s market capitalisation stands at ₹4,883.47 crore as recorded on September 30.