NLC India edges high over 3% before Q1FY26 results
NLCIL stock opened today at Rs 229.65 and reached an intraday high of Rs 239.90 with above 6.7 basis points.
New Delhi: State-run NLC India Ltd’s shares have surged by 2.9% with around 3% spike in Wednesday’s session, and the company is still waiting for its quarterly financial results of Q1FY26, which will be declared soon. The company has currently been approved to raise funds for the renewable energy arm, NLC India Renewable Ltd up to Rs 1,630.89 crore to fund green energy projects.
The stock opened today at Rs 229.65 and reached an intraday high of Rs 239.90 with above 6.7 basis points. However, the 52-week high is at Rs 311.80 at the BSE. In the last six months, the stock has been corrected by 3.93% but has fallen by around -2.44% on a YTD basis.
The company has announced the Q4FY25 results, where Revenue of Rs 3.84K crore with an increase of 6.27% and the Net income of Rs 481.96 crore was reported in the March-end quarter. The upsurge of around 350% more is expected in this fiscal year quarter. Net profit margin was at 12.56%, up by 297.47% YoY. An increase of more than 250% is expected around this quarter end of June.
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