Date | Aug 24, 2016:
NLC India is currently trading at Rs 79.90, up by 1.10 points or 1.40% from its previous closing of Rs. 78.80 on the BSE.
The scrip opened at Rs. 79.20 and has touched a high and low of Rs. 79.90 and Rs. 77.65 respectively. So far 10807 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 87.35 on 01-Dec-2015 and a 52 week low of Rs. 60.35 on 01-Mar-2016.
Last one week high and low of the scrip stood at Rs. 80.00 and Rs. 73.75 respectively. The current market cap of the company is Rs. 13128.08 crore.
The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 8.35% and 1.65% respectively.
NLC is planning to add over 6,821 megawatt (Mw) of power. In this regard, the company will invest over Rs 27,740 crore in these projects. Projects for addition of around 6,821 Mw from thermal, wind and solar energy are either under construction or in the formulation stage. Work for coal-based power plants with cumulative power generation of 1,500 Mw, which will be part of this proposed addition, is expected to be ready by end of 2019.
Currently, the navaratna company is operating four thermal power stations at Neyveli, Tamil Nadu, and one thermal power station at Barsingsar, Rajasthan, with a total installed capacity of 3,240 Mw. During the year, two units of TPS-II Expansion (2x250 Mw) achieved commercial operation.
Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.
(Source: http://money.livemint.com/)