How could the award affect NHPC’s earnings per share?

If NHPC books the full ₹227 crore as a fresh expense, the gross impact is about ₹0.23 per share. Using NHPC’s recent tax rate, the after‑tax effect is near ₹0.12 per share, roughly 4 percent of TTM EPS. The actual hit depends on existing provisions and any offsets.

Is the award a clear positive for HCC’s finances?

It is potentially positive, but only after receipt. Gross proceeds equal about ₹1.21 per share, which is meaningful versus TTM EPS. Recognition timing, legal costs, and taxes will shape the net impact. Confirmed inflows could also strengthen interest coverage and reduce effective leverage.

What levels matter most for NHPC share price near term?

Support sits around ₹73.7 to ₹74. Resistance is at the middle Bollinger Band near ₹77.3, then the 50‑DMA around ₹78.5. A sustained close above ₹79 could signal stabilization. A break below ₹73 may invite more selling given the current negative momentum.

Should long‑term NHPC investors change strategy now?

Long‑term holders may wait for management guidance on provisioning and the counter‑claim. The award is small versus market cap and cash flows. If the thesis is intact, averaging near support with a stop below ₹73 can manage risk. Review results on 18 May for clarity.

When might we get more clarity on both companies?

Two points to watch: any legal updates on enforcement or stays, and upcoming results. NHPC’s next earnings are scheduled for 18 May 2026, while HCC’s are on 6 May 2026. Management commentary on provisions, collections, and receivables should guide market reaction.

Global Market Insights

NHPC.NS Stock Today: February 23 — ₹227 Cr Arbitration Award to HCC

ByHuzaifa Zahoor February 23, 2026February 23, 2026

NHPC share price is in focus today after an arbitration ruling directed a ₹227 crore payment to Hindustan Construction Company. Investors in NHPC.NS and HCC.NS are weighing the earnings impact, provisioning, and near‑term trading cues. Based on the latest available close on 20 Feb, NHPC traded near ₹74, below key moving averages, while momentum cooled. We explain the award, estimate per‑share effects, and outline levels to watch. We also discuss what the decision could mean for HCC’s earnings quality and share price setup.