NLC India

NLC India Ltd on Monday reported a consolidated loss of Rs 396.35 crore for the quarter ended on December 31, 2022. The company had posted a consolidated profit of Rs 229.88 crore in the corresponding quarter of previous fiscal, NLC India said in a regulatory filing. The consolidated income of the company during the October-December period increased to Rs 3,982.49 crore, over Rs 2,845.08 crore in the year-ago period, the filing said. The PSU said that its board has declared an interim dividend of 15 per cent, i.e. Rs 1.50 per equity share, for 2022-23. NLC India, which comes under the coal ministry, is into mining and power generation.

Among individual stocks, the technical & derivative analyst from HDFC Securities is bullish on NLC India and Mazagon Dock.

The technical & derivative analyst from HDFC Securities recommends buying NLC India and Karnataka Bank among individual stocks.

According to the technical analyst from Anand Rathi, NLC India can rally to Rs 100, while DLF can jump to Rs 435.

State-owned NLC India Ltd (NLCIL) on Friday reported a 111.6 per cent increase in its consolidated profit at Rs 417.03 crore for the quarter ended September 30, 2022, due to higher revenue from operations. The company had posted a consolidated profit of Rs 197.02 crore in the year-ago period, NLC India said in a filing to BSE. The consolidated revenue from operations of the public sector unit in the July-September period increased to Rs 3,489.28 crore from Rs 3,093.80 crore in the year-ago period. NLCIL is a navratna company under the administrative control of the coal ministry.

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Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness

NLC India on Thursday said it has commenced coal supply to NTPC's power plant at Darlipali in Odisha from its Talabira project in the eastern state

These stocks may see strong rebound if the crucial levels are defended

NLC India Ltd on Friday reported a 21 per cent rise in consolidated profit to Rs 343.48 crore for the quarter ended June 30.

NLC India on Friday said it has raised Rs 1,000 crore by issuing commercial paper.

Settlement will be in force till December 31, 2026, will benefit 14,000 contract workmen

The government on Saturday said NLC India's Director, Power has been asked to immediately proceed on leave till the finalisation of the enquiry into the explosion of the boiler at thermal power plant

All the 17 injured were taken to NLCIL Hospital, and 16 were shifted to Apollo Hospitals in Chennai for speciality treatment

Tamil Nadu Chief Minister K. Palaniswami expressed grief over the deaths and announced a compensation of Rs 300,000 each to the bereaved families

The commercial papers were issued in favour of investors like State Bank of India and ICICI Bank.

According to sources, the incident occurred in the Unit 6 boiler of NLC India's second thermal power station on Thursday 5 pm.

The two assets, Talabira II and III, will be used to meet the needs of its existing and future coal fired power plants

CIL had told Parliament's standing committee on coal and steel that it keeps supply on to defaulters in the national interest

Midhani hit the upper circuit of 20 per cent at Rs 253, also its new high on the BSE on Thursday on heavy volumes. In the process, it surpassed its previous high of Rs 249