NLC India Ltd continues its growth saga in Q1 of FY 2024-25

NLC India Ltd has achieved 22.12% growth in Lignite production during Q1 of FY 2024-25 i.e. 61.72 LT produced when compared to Q1 of FY 2023-24 i.e. 50.54 LT.

The Company has raised its Coal production to 28.46 LT which is 35.27% growth during Q1 of FY 2024-25 when compared to Q1 of FY 2023-24 i.e. 21.04 LT.

The Company has raised its Lignite and Coal production to 90.18 LT which is 25.98% growth during Q1 of FY 2024-25 when compared to Q1 of FY 2023-24 i.e. 71.58 LT.

The Company's Gross Power Generation increased to 7,553.62 MU which is 10.38% more than Q1 of FY 2023-24 i.e. 6,843.09 MU. This includes Renewable Power Generation of 546.63 MU as against 539.28 MU of Q1 of FY 2023-24.

Market capitalisation increased by 5.28% i.e. from Rs.228.10 price per share to Rs. 240.15 per share.

Shares of NLC India Limited was last trading in BSE at Rs. 258.70 as compared to the previous close of Rs. 257.70. The total number of shares traded during the day was 869956 in over 13710 trades.

The stock hit an intraday high of Rs. 266.80 and intraday low of 257.10. The net turnover during the day was Rs. 226812746.00.

Source : Equity Bulls

Keywords

NLCIndia INE589A01014 BusinessUpdate Q1FY2025