Bengaluru, Sept. 19 -- If a company has continuous work in progress (CWIP) greater than fixed assets, this would mean that the company is increasing its production capacity and making investments for growth in the future.

Such a move suggests that a company is loaded with great projects and there is a possibility of winning greater revenues in the future, besides showcasing the strategic focus on creating value for the long term.

1. NHPC NHPC Limited generates and trades power through hydro, wind, and solar plants in India and Nepal. It also offers construction, maintenance, and consultancy services, and supplies electricity mainly to state utilities and private distributors.

Its CWIP currently stands at Rs 50,601 crore, which is high...