The Latest Breaking News from NLC India

Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan Zinc

Indian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly, closing at 22,889 after disappointing corporate earnings. Reliance Industries aims to raise funds through its initial public offering today, which is highly anticipated. Other companies such as IREDA and Yes Bank…

The Economic Times · 14h ago

Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins India

Indian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, or 0.28%, closing at 22,716.20. Notably, Tata Steel announced a favorable tax order and made significant investments in its subsidiary. Other companies including Poonawalla…

The Economic Times · Sep 30

Inox Wind shares gain 3% after bagging Rs 1,600-crore order from NLC India

Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned within twenty-four months. The company's order book now stands at 4.7 GW, strengthening its market position. Inox Wind's CEO expressed confidence in growth visibility and…

The Economic Times · Jul 29

NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bids

The government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. This indicates significant interest in the disinvestment. The offer is open for retail investors today. The government aims to raise funds through this stake sale. This…

The Economic Times · Jun 9

Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech

Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC…

The Economic Times · Jun 9

NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opens

NLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. The OFS, with a floor price of Rs 303 per share, opens for non-retail investors on June 9 and retail investors on June…

The Economic Times · Jun 8

NLC India shares rally 18% to fresh record high after Q4 net profit skyrockets 189% YoY

NLC India shares rose to a record high on Thursday after the company posted a 189% YoY surge in Q4 net profit to Rs 1,394 crore. Revenue rose 32%, and the board recommended a final dividend. The PSU also reported record annual coal production and its highest-ever full-year profit.

The Economic Times · May 14

No request from State govt. to withdraw permission to NLC to mine in Cuddalore: Coal Minister Pralhad Joshi

Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi has said the Centre has not received any request from the Tamil Nadu government to withdraw permission to NLC India to start mining operations in Mine III in Cuddalore district

The Hindu · Jul 31, 2023