NLC India soars on inking MoU with IIT(ISM) TEXMiN for critical mineral exploration
NLC India is currently trading at Rs. 354.35, up by 11.20 points or 3.26% from its previous closing of Rs. 343.15 on the BSE.
The scrip opened at Rs. 345.05 and has touched a high and low of Rs. 355.30 and Rs. 345.05 respectively. So far 86981 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 387.70 on 14-May-2026 and a 52 week low of Rs. 220.25 on 20-Jun-2025.
Last one week high and low of the scrip stood at Rs. 387.70 and Rs. 302.50 respectively. The current market cap of the company is Rs. 48982.94 crore.
The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 21.90% and 5.91% respectively.
NLC India has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology (Indian School of Mines (ISM)) Dhanbad -TEXMiN on May 26, 2026 to strengthen research and technological capabilities in the areas of critical mineral exploration, beneficiation and extraction technologies.
TEXMiN, the Technology Innovation Hub of IIT(ISM) Dhanbad, is engaged in advanced research and technology development in mining and mineral sectors, with focus on critical mineral exploration, beneficiation and extraction methodologies. The partnership will provide a strong platform for both organisations to jointly undertake research, technology development and knowledge sharing in emerging areas of strategic mineral resource development.
