HCC shares rise 10% on ₹1,000 crore rights issue
pre-market1 source ↓written by the desknot a recommendation
- during Monday's trading
- 10%
- rights issue saw
- ₹1,000 crore
- 1.12 PM
- was trading
- ₹20.18
- ₹18.54
Hindustan Construction Company Limited shares surged 10% during Monday's trading after its ₹1,000 crore rights issue saw full subscription on the final bidding day. At 1.12 PM, HCC was trading at ₹20.18, up from ₹18.54. The rights issue, priced at ₹12.50 per share, allows existing shareholders to acquire 277 shares for every 630 shares held.
Not investment advice. For informational purposes only.