The company informed that Ministry of Coal has conveyed the allotment of Talabira-II & III Coal Mines in the State of Odisha to NLC by the Competent Authority in order to meet the coal requirements for the power projects of the Subsidiary companies viz., NLC Tamilnadu Power Limited (5 MTPA), Neyveli Uttar Pradesh Power Limited (10MTPA) and Sirkali Power Project (20MTPA).
Neyveli Lignite Corporation Ltd rallied 8.48% to Rs.71.60 on BSE after the company informed that Ministry of Coal, vide O.M.F.No.13016/9/2015-CA-3(Pt.) dt. February 8, 2016 has conveyed the allotment of Talabira-II & III Coal Mines in the State of Odisha to NLC by the Competent Authority in order to meet the coal requirements for the power projects of the Subsidiary companies viz., NLC Tamilnadu Power Limited (5 MTPA), Neyveli Uttar Pradesh Power Limited (10MTPA) and Sirkali Power Project (20MTPA).
The scrip opened at Rs. 67 and has touched a high and low of Rs. 74.45 and Rs. 64.3 respectively. So far 545328(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 11072.89 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.25 on 07-Aug-2015 and a 52 week low of Rs. 65 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 68 and Rs. 65.15 respectively.
The promoters holding in the company stood at 90 % while Institutions and Non-Institutions held 8.41 % and 1.59 % respectively.
The stock is currently trading above its 200 DMA.
The scrip opened at Rs. 67 and has touched a high and low of Rs. 74.45 and Rs. 64.3 respectively. So far 545328(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 11072.89 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.25 on 07-Aug-2015 and a 52 week low of Rs. 65 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 68 and Rs. 65.15 respectively.
The promoters holding in the company stood at 90 % while Institutions and Non-Institutions held 8.41 % and 1.59 % respectively.
The stock is currently trading above its 200 DMA.
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