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Neyveli Lignite Corporation trades in green on the BSE

13 Jun 2012 Evaluate

Neyveli Lignite Corporation is currently trading at Rs. 80.80, up by 0.15 points or 0.19% from its previous closing of Rs. 80.65 on the BSE.

The scrip opened at Rs. 80.80 and has touched a high and low of Rs. 82.00 and Rs. 80.65 respectively. So far 23019 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.80 on 04-Jul-2011 and a 52 week low of Rs. 67.65 on 23-Nov-2011.

Last one week high and low of the scrip stood at Rs. 82.70 and Rs. 80.00 respectively. The current market cap of the company is Rs. 13589.45 crore.

The promoters holding in the company stood at 93.56% while Institutions and Non-Institutions held 4.83% and 1.61% respectively.

The Union Minister for Coal, Sriprakash Jaiswal has laid the foundation stone for Neyveli Lignite Corporation’s joint venture (JV) project on June 11, 2012 at Ghatampur, Kanpur district of Uttar Pradesh.

Earlier, pursuant to the memorandum of understanding entered by the company with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL), the Cabinet Committee on Infrastructure, Government of India has accorded its approval for formation of JV Company with UPRVUNL, with shareholding of 51% of the equity capital by Neyveli Lignite Corporation and 49% by UPRVUNL for setting up of a 1980 MW coal based thermal power project.

Neyveli Lignite Corporation is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines with a capacity of about 30.60 million tonnes per annum, while it can produce about 2,740 MW of power from four power plants.

Neyveli Lignite Share Price

321.65 -2.10 (-0.65%)
19-Jun-2026 16:59 View Price Chart
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