Cash flow bodes well for Hind Constn

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.