Shares of Hindustan Construction Company soared 10%, Agriculture stocks were trading on a mixed note

Shares of Hindustan Construction Company

Shares of Hindustan Construction Company NSE 9.71 % (HCC) increased 10 percent after it informed bourses that the company’s lenders have initiated a carve-out of about Rs 2,100 crore of debt to a third-party-controlled special purpose vehicle. The duration of the debt at the SPV will be up to 10 years and repayments from the proceeds of the awards will yield an internal ....