Stay updated with breaking news from Nlc india shares. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
There are sectors which are discovered on the street, then thrown in dumps and then rediscovered. Probably, in the last three years, the street is more in a mood to rediscover the sectors. On top of the rediscovery mission is the power sector. This rediscovery has happened after a gap of close to 15 years and probably companies and their promoters have learned many lessons. The players who are able to survive tend to get more attention because they have learnt the art of surviving a tough phase which is one most important feature for long-term survival. While phase one of the re-rating has taken place, the question is that as the sector continues to show improvement in performance, will there be another round of re-rating. As far as the basic demand matrix is concerned, power is a sector where demand will always be higher than supply. ....
As Bloomberg report, quoting an interview with Chairman M Prasanna Kumar, suggested that the the state-run coal miner and power producer would put nearly 1.4 gigawatts of mostly solar plants on the block and the transaction is likely by the end of this fiscal year. ....
NLC India OFS: Retail investors and non-retail investors (who chose to carry forward their un-allotted bids) can bid in the NLC India OFS today. Data showed retail portion was subscribed 0.61 per cent at last count.
V-Mart Retail, Dilip Buildcon Ltd, Rajesh Exports, Gujarat Mineral Development Corp, UPL and Laurus Labs were among some of the companies that saw steep cuts in earnings estimates for FY25.
BHEL shares climbed 5.78 per cent to hit a high of Rs 204.65 on BSE. At 9.25 am, shares of NLC India were up 1.56 per cent at R 257.30. Shares of Larsen & Toubro Ltd (L&T) were flat at Rs 3,525.05.