Shares of Hindustan Construction Company will remain in focus, as it is set to receive ₹2,000 crore as arbitral award payment within 4 to 6 weeks. In a disclosure to the exchanges, HCC said it received communication from NHPC and NHAI in the backdrop of the Government setting into motion the process to release 75 per cent of the arbitration amounts. HCC has arbitration award of ₹3,427 crore as of September 30 and further claims worth around ₹4,173 crore.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.