NLC India is currently trading at Rs. 42.25, up by 1.30 points or 3.17% from its previous closing of Rs. 40.95 on the BSE.
The scrip opened at Rs. 40.00 and has touched a high and low of Rs. 42.75 and Rs. 39.10 respectively. So far 43900 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.35 on 20-Mar-2019 and a 52 week low of Rs. 35.05 on 18-Mar-2020.
Last one week high and low of the scrip stood at Rs. 53.00 and Rs. 35.05 respectively. The current market cap of the company is Rs. 5615.88 crore.
The promoters holding in the company stood at 80.70% , while Institutions and Non-Institutions held 15.90% and 3.40% respectively.
NLC India has received an approval to raise funds through issuance of Commercial Paper (CP) upto Rs 6,000 crore in tranches inclusive of already a proved issuance of
commercial paper limit of Rs 2000 crore. The company has also received an approval for issuance of Bonds in the nature of Debentures upto Rs 5,000 crore in tranches.
The Board of Directors of the company at its meeting held on March 18, 2020 has approved the same.
NLC India is engaged in the business of lignite mining and power generation.
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