The company is also seeing a significant pick-up in commercial vehicle sales.
Shares of Hindustan Construction Company (HCC) rallied 5 percent intraday on Thursday after its infrastructure development subsidiary sold its stake in Rs 1,420-crore Dhule Palesner Tollway.
HCC Concessions (the infrastructure development arm of the HCC Group), today announced the sale of Nirmal BOT to Highway Concession One Private Limited, an entity majorly held by IDFC Alternatives managed India Infrastructure Fund, said the company in its filing.