NLC India gains on signing MoU with M/s. Khanij Bidesh India
NLC India is currently trading at Rs 260.60, up by 3.95 points or 1.54% from its previous closing of Rs 256.65 on the BSE.
The scrip opened at Rs 260.15 and has touched a high and low of Rs 266.20 and Rs 259.20 respectively. So far 262389 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 296.70 on 03-Oct-2024 and a 52-week low of Rs 185.85 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs 266.20 and Rs 228.00 respectively. The current market cap of the company is Rs 36,510.14 crore.
The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 21.51% and 6.30% respectively.
NLC India has signed a Memorandum of Understanding (MoU) with M/s. Khanij Bidesh India (KABIL) on September 10, 2025 to collaborate in the identification, acquisition, and development of critical & strategic mineral projects on a global scale.
The company is actively pursuing opportunities in the Critical Minerals and Rare Earth Elements (REE) sector, both within India and internationally. Moreover, Public Sector enterprises are encouraged by the GoI for acquiring Critical Minerals Assets, focusing on both domestic and international acquisitions, along with a distinct timeline.
NLC India is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. The company is engaged in the business of mining of Lignite, Coal and generation of power by using lignite as well as Renewable Energy Sources and consultancy.
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