NLC India Limited (NLCINDIA.BO)
NLC India Limited operates in the Regulated Electric industry of the Utilities sector, headquartered in Cuddalore, IN. The stock last traded at $274.20, down 0.94% on the session, giving a market capitalisation of $380.53B. Its beta of 0.51 implies it has historically moved less than the broad market.
NLC India Limited operates as an Indian enterprise primarily focused on two key sectors: resource extraction (mining) and electricity generation. Its power production capabilities span thermal, wind, and solar energy sources. The company's mining division is responsible for extracting both lignite and coal. Notable mining operations include open-pit lignite mines located in Neyveli, Tamil Nadu, and Barsingsar, Rajasthan. Additionally, it manages the Talabira II and III open-cast coal mine in Odisha, which has an annual capacity of 20 million metric tons. NLC India supplies its raw lignite to small-scale industries, where it is utilized as fuel in their production activities. Founded in 1956, the company was formerly known as Neyveli Lignite Corporation Limited until its name change to NLC India Limited in April 2016. Its headquarters are situated in Neyveli, India.
NLC India Limited is most often compared with the following Utilities names: