The shares of this construction company were in the news today following the sudden drop in its share price, which was 23%. Let us see what the reason is for this sharp fall in share price.

The shares of this company, which is involved in engineering and construction of infrastructure projects such as dams, tunnels, bridges, hydro, nuclear, and more, had its share in the news after the shares tumbled today.

With a market cap of Rs 5,359 crore, the shares of Hindustan Construction Company Ltd crashed 23 per cent, reaching a low of Rs 20 in today’s trading session when compared to its previous day’s closing price of Rs 25.85. The shares have given a return of 213% over the last 5 years.

About the sudden price crash

HCC’s stock tumbled today largely because it turned ex-rights ahead o

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