HCC Shares Drop 4% After Claims Settlement, Strong Order Pipeline in Focus

HCC Shares Drop 4% After Claims Settlement, Strong Order Pipeline in Focus

Dec 24, 2024

Claims Settlement and Financial Impact HCC recently completed a claims settlement worth ₹180 crore with a major client. This settlement reduced client advances by ₹130 crore, which is expected to lower annual financing charges by ₹15 crore. Additionally, ₹50 crore of the settlement

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