http://www.livemint.com/Money/R7M3YUTTQ3H7QqVuFaFJqO/Execution-delays-overshadow-strong-quarter-for-NHPC.html
Though the RoE improved last quarter, NHPC’s returns are weighed down by high capital work in progress (CWIP) and receivables. According to ICICI Securities Ltd, as of the last fiscal, more than half or 51.9% of NHPC’s net worth is blocked in CWIP, which contributes very little to the return ratios. Receivables increased 9% from year ago.
what is the value of the block at 52% of equity ?
Though the RoE improved last quarter, NHPC’s returns are weighed down by high capital work in progress (CWIP) and receivables. According to ICICI Securities Ltd, as of the last fiscal, more than half or 51.9% of NHPC’s net worth is blocked in CWIP, which contributes very little to the return ratios. Receivables increased 9% from year ago.
what is the value of the block at 52% of equity ?
Comments