Today, in this post we’ll discuss about Hindustan Construction Company latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
Hindustan Construction Company (NSE: HCC) on Saturday reported that its panel approved the raising of around Rs 350 crore through a rights issue.
The rights issue’s committee approved the allocation of 16.6 crore equity shares for Rs 21 per share the civil construction firm announced in a statement to BSE.
By the allotment, the paid-up equity capital of the company has grown from 151,30,28244 equity shares to 167.96,94,910.
Hindustan Construction Company (HCC) is a company in the construction and engineering sector and offers services to the infrastructure sector of transportation power, water, and power.
Stock Performance
HCC shares was trading at 38 rupees on Friday. This was a decrease of 1.55 percent. The 52-week high of the shares is 45.98.
In the last year, the company’s shares have seen an increase of 171.04 percent. During the last six months, shares have increased in value by 38.38 percent.
Promoters’ stake is the same at 18.59 percent for the March 2024 quarter. In the March 2024 quarter, the fund decreased its stake by 2.06 percent to 1.99 percent.
About Hindustan Construction
Hindustan Construction Company Limited is involved in the provision of building and engineering services.
The Company with its subsidiary companies, is primarily involved in providing construction and engineering services, property, and infrastructure.
Its main business areas are water, power, transportation as well as industrial and building projects.
Its transportation projects consist of road construction, highway expressways, bridges elevated railway corridors ports, metro rails as well as marine constructions.
Power projects include the construction of barrages, dams tunnels powerhouses, tunnel auxiliary structures, and spent fuel structures, in addition to security pump houses, control structures, and many more.
It provides turnkey construction solutions for hydropower projects, including design and detailed engineering, procurement, civil-hydro electrical-electromechanical works, as well as control and instrumentation works.
It can build the entire range of components for thermal power plants.
Fundamental Analysis of Hindustan Construction Company
| Market Cap | ₹ 6,341 Cr. |
| Current Price | ₹ 38 |
| 52-wk High | ₹ 46.0 |
| 52-wk Low | ₹13.5 |
| Stock P/E | 37.2 |
| Book Value | ₹ -3.90 |
| Dividend | 0.00 % |
| ROCE | 16.6 % |
| ROE | – |
| Face Value | ₹ 1.00 |
| P/B Value | – |
| OPM | 13.2 % |
| EPS | ₹ 2.51 |
| Debt | ₹ 2,583 Cr. |
| Debt to Equity | – |
Hindustan Construction Company Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹42 | ₹64 |
| 2025 | ₹60 | ₹82 |
| 2026 | ₹88 | ₹100 |
| 2027 | ₹90 | ₹110 |
| 2028 | ₹112 | ₹134 |
| 2029 | ₹128 | ₹161 |
| 2030 | ₹162 | ₹174 |
Hindustan Construction Company Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 18.59% |
| June 2023 | 18.59% |
| Sept 2023 | 18.59% |
| Dec 2023 | 18.59% |
| Mar 2024 | 18.59% |
| FII Holding | |
| Mar 2023 | 12.29% |
| June 2023 | 5.64% |
| Sept 2023 | 5.58% |
| Dec 2023 | 7.84% |
| Mar 2024 | 9.19% |
| DII Holding | |
| Mar 2023 | 12.45% |
| June 2023 | 11.76% |
| Sept 2023 | 9.52% |
| Dec 2023 | 9.38% |
| Mar 2024 | 8.19% |
| Public Holding | |
| Mar 2023 | 56.66% |
| June 2023 | 63.99% |
| Sept 2023 | 66.30% |
| Dec 2023 | 64.18% |
| Mar 2024 | 64.02% |
Hindustan Construction Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹10,544 Cr |
| 2020 | ₹9,444 Cr |
| 2021 | ₹8,248 Cr |
| 2022 | ₹10,668 Cr |
| 2023 | ₹8,328 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹-50 Cr |
| 2020 | ₹197 Cr |
| 2021 | ₹-610 Cr |
| 2022 | ₹563 Cr |
| 2023 | ₹422 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | -3.64 |
| 2020 | -3.94 |
| 2021 | -2.63 |
| 2022 | -2.28 |
| 2023 | -7.41 |
Last 10 Years’ Profit Growth:
| 10 Years: | 2% |
| 5 Years: | 7% |
| 3 Years: | – |
| Current Year: | 136% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | – |
| 5 Years: | – |
| 3 Years: | – |
| Last Year: | – |
Sales Growth Over 10 Years:
| 10 Years: | 1% |
| 5 Years: | -1% |
| 3 Years: | 1% |
| Current Year: | -5% |
Conclusion
This article is a complete guide about Hindustan Construction Company Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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