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HCC stock slips 5% on bad results

Friday 29th Jul 2011 1255

Mumbai : Shares of Hindustan Construction Company Ltd have gone down by 5% as the company's its Q1 net profit was dropped down by 90%.

The stock is currently trading at Rs. 30, down Rs1.75. The stock has hit a high of Rs. 32 and a low of Rs. 30.

Total traded quantity on the counter stood at over 15.54 lakh shares.The turnover increased by 5% to Rs10.59bn from Rs10.08bn.The EBITDA was also up 12% at Rs1.37bn from Rs1.22bn,while PAT stood at Rs28.7mn.

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