NLC India shares rises over by 3%

New Delhi: Shares of PSU firm NLC India Ltd has opened with strong positive gain with an upsurge of 3 % at Rs 260.85 as the company on 02.01.2026 has announced to transfer its seven renewable energy assets to NLC India Renewable Ltd, its wholly-owned subsidiary of the company.

According to the exchange filing, it is informed that the Company has transferred its 7 Renewable Energy Assets ("RE Assets") to NLC India Renewables Limited ("NIRL"), a wholly owned subsidiary of NLC India Limited.

The transfer has been effect on 01st January, 2026, in terms of the Business Transfer Agreement executed between the Company and NIRL on 31st October, 2025.

Currently, the shares are trading higher by 3.35% at Rs 265.50 at BSE. The stock opened today at Rs 256.80. The market capitalization of the company is Rs 36.07K crore. The dividend of the company is 1.15%.