SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NLC spurts on plan to invest Rs 27,740 crore for adding over 6,821 Mw of power

23 Aug 2016 Evaluate

NLC India is currently trading at Rs 79.90, up by 1.10 points or 1.40% from its previous closing of Rs. 78.80 on the BSE.

The scrip opened at Rs. 79.20 and has touched a high and low of Rs. 79.90 and Rs. 77.65 respectively. So far 10807 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 87.35 on 01-Dec-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. 80.00 and Rs. 73.75 respectively. The current market cap of the company is Rs. 13128.08 crore.

The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 8.35% and 1.65% respectively.

NLC is planning to add over 6,821 megawatt (Mw) of power. In this regard, the company will invest over Rs 27,740 crore in these projects. Projects for addition of around 6,821 Mw from thermal, wind and solar energy are either under construction or in the formulation stage. Work for coal-based power plants with cumulative power generation of 1,500 Mw, which will be part of this proposed addition, is expected to be ready by end of 2019.

Currently, the navaratna company is operating four thermal power stations at Neyveli, Tamil Nadu, and one thermal power station at Barsingsar, Rajasthan, with a total installed capacity of 3,240 Mw. During the year, two units of TPS-II Expansion (2x250 Mw) achieved commercial operation.

Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.

Neyveli Lignite Share Price

304.55 4.85 (1.62%)
22-Apr-2026 11:11 View Price Chart
Peers
Company Name CMP
NTPC 404.50
Tata Power 439.15
Adani Power 212.55
Power Grid Corp 320.00
Torrent Power 1652.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×