Rs 13,568 crore order book: Penny stock HCC reports net profit of Rs 18.9 crore; board proposes rights issue!
Rs 13,568 crore order book: Penny stock HCC reports net profit of Rs 18.9 crore; board proposes rights issue!

Rs 13,568 crore order book: Penny stock HCC reports net profit of Rs 18.9 crore; board proposes rights issue!

The quarterly earnings will leave you in awe, as the company reported a turnover of Rs 1,230.9 crore in Q1FY24, up by 26.5 per cent

Karan Dsij Article rating: 3.8

The proposal for fund-raising by way of issuance of equity shares of face value of Rs. 1 each of the company to its eligible equity shareholders on a rights basis ("Rights issue") for a value of up to Rs. 300 crore or through any other mode of capital raising.

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