Epic Update : Hindustan Construction Company

Hindustan Construction Company (HCC) is likely to raise up to Rs 1,000 crore this fiscal by selling some of its non-core assets. With this initiative, the company aims at paring some of its debt and reducing the strain on its balance sheet. It plans to divest some stake in real estate and infrastructure assets to pare debt as it has been under pressure due to the slowdown in business and burden of high interest rates.

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