NLC India share price surged nearly 15% on Thursday, 14 May, after the company reported a sharp jump in earnings for the March quarter.
The PSU posted a nearly threefold rise in consolidated net profit to ₹1,393.46 crore, compared with ₹481.96 crore in the year-ago period.
Total income rose to ₹5,197.22 crore, an increase from ₹3,971.90 crore the previous year, as per a filing with the BSE. Concurrently, total expenses also grew to ₹4,327.14 crore, up from ₹3,880.46 crore in the same period last year.
The company’s board has sanctioned a final dividend of 2.5% for FY26, pending approval from the CAG audit and shareholders at the forthcoming AGM.
operates as a public sector company focused on lignite mining and power generation, and it is increasingly involved in renewable energy and coal mining both within India and internationally.
The company announced in an exchange filing that it has obtained in-principle approval from the Ministry of Coal for both the mining and mine closure plan for the New Patrapara South coal mine, and the Coal Controller Organisation has authorised the revised mining plan for the Machhakata open-cast project.
Additionally, it mentioned that its subsidiary, NLC India Renewables Ltd (NIRL), has received a Letter of Award from SECI to develop 600 MW of solar capacity paired with a 300 MW/1800 MWh energy storage system.
In line with asset monetisation efforts, 1.4 GW of operational renewable assets have been handed over to NIRL. Furthermore, the government has permitted the listing of NIRL through a public offering and has approved a joint venture with NCRTC to establish 100 MW of renewable projects in Uttar Pradesh.
NLC India share price today
NLC India share price today opened at an intraday low of ₹346.40 apiece on the , the stock touched an intraday high of ₹375.10 per share.
Anshul Jain, Head of Research at Lakshmishree, noted that NLC India, following a decisive breakout from a 113-week base at 282, has completed a healthy pullback toward the 20- and 50-day EMA cluster, indicating strong support absorption. The subsequent follow-through move signals continuation of the broader bullish trend.
He noted that price action remains constructive, with higher lows intact and momentum gradually strengthening following the consolidation. The alignment of moving averages beneath the price is acting as a launchpad for the next leg higher, with the stock now seen heading toward the 399 zone as the first target from the long-term breakout. Sustaining above the EMA support cluster remains key to maintaining bullish momentum.
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