HCC rights issue, Dec. 12 -- Multibagger small-cap stock under Rs.50 Hindustan Construction Company (HCC) share price dropped 6 percent in intra-day trade on Friday, December 12, as its Rs.1,000 crore rights issue opened for subscription. The issue will remain open until Monday, December 22, 2025, with December 5 set as the record date. The stock fell to a day's low of Rs.17.75.

The decline came a day after HCC gained nearly 4 percent following a key announcement on debt restructuring. The company revealed it has executed a Rs.3,364 crore reduction in its corporate guarantee to Prolific Resolution Private Limited (PRPL). The move is part of HCC's long-running balance sheet restructuring that began in September 2022. Under earlier terms, ...