HCC - Long Term View
National High-Speed Rail Corporation Ltd (NHSRCL) is overseeing the development of the Mumbai-Ahmedabad High-Speed Rail Project, spanning 508 km between Maharashtra and Gujarat.
Key companies involved in the project and poised to benefit significantly are:
1. Ircon International Ltd (IRCON)-CMP - 222
2. Hindustan Construction Company (HCC) -CMP - 44
4036 lane km of highways
60% of India's installed nuclear power capacity
403 kms of tunneling
26% of India's installed hydro power capacity
3. Larsen & Toubro (L&T)
-Cmp - 3759
As of March 31, 2024, the project's progress is as follows:
Overall Physical Progress: 41.72%
Gujarat: 50.70% (with civil works and enabling activities at 72.42%)
Maharashtra: 23.27%
Financial Progress: 48.80%
Total Expenditure: ₹59,292 crores
Expenditure for FY 2023-24: ₹17,108 crores
The route includes strategically important stops at major cities such as Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, and terminates in Ahmedabad.
The project is expected to be completed and commence operations by 2028.
Note: This is solely my view and not a recommendation please do you own research or consult your financial advisor.
Key companies involved in the project and poised to benefit significantly are:
1. Ircon International Ltd (IRCON)-CMP - 222
2. Hindustan Construction Company (HCC) -CMP - 44
4036 lane km of highways
60% of India's installed nuclear power capacity
403 kms of tunneling
26% of India's installed hydro power capacity
3. Larsen & Toubro (L&T)
-Cmp - 3759
As of March 31, 2024, the project's progress is as follows:
Overall Physical Progress: 41.72%
Gujarat: 50.70% (with civil works and enabling activities at 72.42%)
Maharashtra: 23.27%
Financial Progress: 48.80%
Total Expenditure: ₹59,292 crores
Expenditure for FY 2023-24: ₹17,108 crores
The route includes strategically important stops at major cities such as Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, and terminates in Ahmedabad.
The project is expected to be completed and commence operations by 2028.
Note: This is solely my view and not a recommendation please do you own research or consult your financial advisor.
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