The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has given its approval for installation of Ghatampur Thermal Power Project (GTPC) of 1980 MW (3 X 660 MW) capacity through a Joint Venture Company named “Neyveli Uttar Pradesh Power Limited (NUPPL)” formed jointly by Neyveli Lignite Corporation Limited (NLC) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL).
Neyveli Lignite Corporation Ltd stock rallied by 8% at Rs.79.
Neyveli Lignite Corporation Ltd stock rallied by 8% at Rs.79.
The scrip opened at Rs. 78.8 and has touched a high and low of Rs. 80.4 and Rs. 77 respectively. So far 59005(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 12381.5 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. 60.35 on 01-Mar-2016. Last one week high and low of the scrip stood at Rs. 75.5 and Rs. 73 respectively.
The promoters holding in the company stood at 90 % while Institutions and Non-Institutions held 8.35 % and 1.65 % respectively.
The stock is currently trading above its 200 DMA.
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