HCC Shares Drop 9% After Rs 1,000-Cr Rights Issue
Introduction: The 9% Drop Explained If you checked your portfolio this morning, you likely saw a sharp red arrow next to your HCC shares. Hindustan Construction Company (HCC) witnessed a significant correction, falling nearly 9% to 10% as the market adjusted to the company’s massive Rs 1,000-crore rights issue. For the uninitiated, a double-digit drop in … Read more
