Edelweiss is bullish on Hindustan Construction Company has recommended buy rating on the stock with a target price of Rs 55 in its research report dated November 03, 2017.
The highway authority said that these companies have failed to fulfil the criteria and were unable to execute the projects awarded to them between 2015 and 2017.
The contract is for construction of nine elevated metro stations. The total length of Pune Metro-phase 1 is 32 km.
Infrastructure major Hindustan Construction Company's standalone net profit nosedived by 49.74 percent to Rs 11.60 crore for the quarter ended on September 30, 2017, compared to that of Rs 23.08 crore in the same quarter of last fiscal.
According to Prakash Gaba of prakashgaba.com, we are back into consolidation as expected with crucial support for the Index at 10028-9996 and the resistance at 10138-10150. On the other hand, Bank Nifty has support at 24800 and resistance at 25100.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HCC, Suzlon Energy, BHEL and PNB and buy Century Textiles.
The contract is for construction of 93 MW (3x31 MW) New Ganderbal hydro power project on Sind River in central Kashmir on EPC basis. The work is to be completed in 48 months.
The work includes construction of nuclear safety complaint structures for fuel processing plant for fast breeder reactors and allied facilities including civil, electrical and mechanical works.
Edelweiss is bullish on Hindustan Construction Company has recommended buy rating on the stock with a target price of Rs 55 in its research report dated August 03, 2017.
The contract is for the construction of a 6.340 km long elevated corridor and five elevated stations between HSR Layout station and RV Road station, and the project is expected to be completed in 36 months, HCC said in a release.
"Hindustan Construction Company, a lead partner in the joint venture with URC Construction, has been awarded Rs 797.29 crore contract by the Bangalore Metro Rail Corporation Ltd," HCC said in a BSE filing.
The company in the joint venture with URC Construction has been awarded Rs 797.29 crore contract by the Bangalore Metro Rail Corporation.
"HCC as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department of the Rajasthan government," the engineering firm said in a statement here.
"Trading members are requested to note that futures and options contracts (F&O) for five underlying securities shall be available for trading in the equity derivatives segment with effect from May 26, 2017," the BSE said in a circular today.
Edelweiss is bullish on Hindustan Construction Company has recommended buy rating on the stock with a target price of Rs 55 in its research report dated May 04, 2017.
Hindustan Construction Company (HCC) today posted a four percent decline in standalone net profit at Rs 20.9 crore for the quarter ended March 31, 2017.
Ashwani Gujral of ashwanigujral.com recommends buying Orient Cement, LIC Housing Finance, Hindustan Construction Company and Larsen & Toubro.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy HCC, Granules India and Power Grid and sell Oracle Financial Services.
Prakash Gaba of prakashgaba.com likes IRB Infra while he recommends buying Hindustan Construction Company on dips.
Top 10 ideas are Vedanta, Tata Steel, Bharti Airtel, IRB Infrastructure, HCC, ITC, Zee Entertainment, Titan Company, Escorts and VA Tech Wabag, Kulkarni says.
Vijay Chopra of Enoch Ventures suggests buying Jet Airways with a target of Rs 400.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jindal Steel & Power, HCC and Lloyd Electric and feels that one can buy Maruti Suzuki on declines.
Nifty has support at 8715 and resistance at 8870 while Bank Nifty has support at 20300 and resistance at 21000, says Prakash Gaba of prakashgaba.com.
According to Satish Gupta of astrostocktips, infrastructure stocks like NCC, IRB Infra, Simplex Infra, Hindustan Construction Company, Supreme Infra and Gayatri Projects will get astrological support.
CA Rudramurthy BV, Research Head at Vachana Investments suggests buying Manappuram Finance, Hindustan Construction Company and Hindalco Industries.