Published on 7/05/2021 11:16:00 AM | Source: Accord Fintech

NLC India gains on raising Rs 650 crore through Commercial Paper

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NLC India is currently trading at Rs. 49.75, up by 0.30 points or 0.61% from its previous closing of Rs. 49.45 on the BSE.

The scrip opened at Rs. 50.10 and has touched a high and low of Rs. 50.10 and Rs. 48.50 respectively. So far 42041 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.75 on 10-Feb-2021 and a 52 week low of Rs. 40.20 on 26-May-2020.

Last one week high and low of the scrip stood at Rs. 49.75 and Rs. 47.25 respectively. The current market cap of the company is Rs. 6856.92 crore.

The promoters holding in the company stood at 79.20%, while Institutions and Non-Institutions held 14.12% and 6.68% respectively.

NLC India has raised Rs 650 crore through Commercial Paper and allotted 13,000 Nos. of Commercial Paper of a face value of Rs 5 lakh each on May 05, 2021.

NLC India is engaged in the business of lignite mining and power generation.