HCC Shares Rise After Rs 9.01bn Railway Tunnel Order

24 Dec 2025 CW Team

Shares of Hindustan Construction Company rose on Friday after the infrastructure major announced that its joint venture has secured a railway contract valued at Rs 9.01 billion. The project has been awarded by Northeast Frontier Railway for the construction of a key tunnel on the Tupul–Imphal new broad gauge railway line.

At the last count, HCC shares were trading 0.67 per cent higher at Rs 18.13 on the BSE, compared with a previous close of Rs 18.01. The stock remains nearly 44 per cent lower on a year-to-date basis, although it had gained more than 4 per cent in the previous trading session.

In a regulatory filing, the company said the project was bagged by the HCC–VCCL joint venture, in which HCC holds a 65 per cent stake. The scope of work includes the construction of a 3.5 km main tunnel, along with comprehensive design, engineering and commissioning activities.

HCC said the mandate covers the design and proof-checking of a broad-gauge ballast-less track, as well as the supply, installation, testing and commissioning of all associated systems and structures required for railway operations.

Earlier this month, on 3 December 2025, the company had issued a clarification to stock exchanges following a sharp rise in trading volumes. HCC stated that the movement was market-driven and confirmed that there were no pending disclosures or announcements requiring intimation.

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