Hindustan Construction Company (HCC) gained on Wednesday after the company bagged two contracts worth Rs 6.34 billion in transportation and hydel power segments.

The company bagged first contract Rs 4.54 billion from the Ministry of Road transport and highway (MoRTH) for 4-laning of 50.5 km long Numaligarh to Jorhat section of NH-37 in Assam. The project is part of the special accelerated road development programme for North Eastern region (SARDP-NE) and includes rehabilitation, upgradation and augmentation of the existing carriage way, major and minor bridges, culverts, road intersections, interchanges, drains, etc.

Also, the company bagged second order worth Rs 1.79 billion from Himachal Pradesh Power Corporation (HPPCL) for the balance works of Head Race Tunnel of 111 MW Sawra Kuddu Hydel Power Project in Shimla district of Himachal Pradesh.

Shares of the company gained Rs 1.05, or 3%, to trade at Rs 36. The total volume of shares traded was 1,267,268 at the BSE (10.55 a.m., Wednesday).

The scrip has touched an intra-day high of Rs 36.65 and low of Rs 34.65. The total volume of shares traded at the BSE is 1,267,268.