Neyveli Lignite Corporation is currently trading at Rs 85.70, up by 1.05 points or 1.24% from its previous closing of Rs. 84.65 on the BSE.
The scrip opened at Rs 85.90 and has touched a high and low of Rs 85.90 and Rs 84.65 respectively. So far 3839 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 108.50 on 26-May-2014 and a 52 week low of Rs 50.60 on 27-Aug-2013.
Last one week high and low of the scrip stood at Rs 93.75 and Rs 81.50 respectively. The current market cap of the company is Rs 14319.25 crore.
The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 8.30% and 1.70% respectively.
Neyveli Lignite Corporation (NLC) is planning to add 2500 mega watt (MW) capacity in the next three years. Meanwhile, the 2X250 MW TS II Expansion are yet to be ready for commissioning. Though the rectification works in the first Unit were completed and synchronised the Unit in February 2014, it could not attain stabilised operation till date due to recurring of the technical problem of Super Heater Coil in Fludized Bed Heat Exchangers (FBHE).
The Navaratna company expects Unit-I to be commissioned within this month and Unit II in October 2014, as committed by BHEL during the High Level Review meeting held by Secretary Coal last month.
Further, another 2X500 MW, joint venture NTPL project at Tuicorin, lighting up of Unit I Boiler was completed in March 2014 and it is expected that Unit I to be commissioned this month and Unit II in October 2014.
NLC 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.
| Company Name | CMP |
|---|---|
| NTPC | 321.25 |
| Tata Power | 365.50 |
| Power Grid Corp | 298.65 |
| Adani Power | 549.30 |
| Torrent Power | 1422.90 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
