Introduction:
Leading Infra firm, in a joint venture with Tata Projects Ltd., has secured a ₹2,470 crore contract from Tata Power for the Bhivpuri Pumped Storage Project in Maharashtra, strengthening its role in India’s hydropower infrastructure development.
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Share price movement of HCC:
On March 21, 2025, Hindustan Construction Company Ltd opened at ₹25.10, up 2.03% from its previous close of ₹24.60. The stock surged to a high of ₹28.27 (13.01%) and a low of ₹25.10. By 10:19 AM, it traded at ₹27.80, reflecting a 13.01% increase, with a market cap of ₹5,054.25 crore.
HCC-TPL JV Secures ₹2,470 Cr Tata Power Contract for Bhivpuri PSP Project:
Hindustan Construction Company Ltd. (HCC) and Tata Projects Ltd. (TPL) have secured a ₹2,470 crore contract from Tata Power for the Bhivpuri Off-Stream OpenLoop Pumped Storage Project (PSP) in Karjat, Maharashtra. The 1000 MW project will enhance hydropower capacity.
The contract involves civil and hydro-mechanical works, including tunnels, intake structures, coffer dam, powerhouse, and reservoir construction. It also includes infrastructure development and coordination with electro-mechanical systems, ensuring seamless execution of the large-scale pumped storage system.
HCC, a key player in India’s hydropower sector, has contributed to 26% of the country’s installed hydropower capacity. With ongoing projects like the 1000 MW Tehri PSP, this latest win further solidifies its role in India’s renewable energy expansion.
Stock performance of HCC for Period of 1 week, 6 months, and 1 year:
Hindustan Construction Company Ltd. delivered an 8.66% gain over the past week but faced a 43.0% decline in six months and a 25.4% drop over the year, reflecting volatility despite recent positive momentum in its stock performance.
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Shareholding pattern of HCC:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 17.20% | 18.60% | 18.60% |
| FII | 15% | 10% | 10% |
| DII | 8% | 6% | 7% |
| Public | 60.50% | 65.70% | 65.20% |
About HCC:
Hindustan Construction Company Ltd. (NSE: HCC) is a leading infrastructure developer with nearly 100 years of expertise, contributing to India’s hydropower, nuclear power, highways, tunneling, and bridges, serving key sectors like transportation, power, and water infrastructure.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
