Navratna PSU Under Rs 300 Sets Sept 18 As Record Date, Shares Gain 100% In 1-Yr

Multibagger public sector undertaking NLC India Ltd shares slipped marginally by 0.69% in trade today on BSE. Current market price of NLC India shares on BSE is Rs 273.60 per share. NLC India shares rallied 99.93% in last 1-year and slipped over 2% in last 1-week. The company on September 2, 2024 fixed September 18, 2024 as the record date for final dividend. Its market capitalisation stood at Rs 38,000.78 crore. Check details below:

NLC India Ltd Sets Record Date For Dividend: As per the BSE filing of NLC India issued as on September 2, 2024, "Pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the Company will remain closed from Thursday, 19th September, 2024 to Wednesday, 25th September, 2024 (both days inclusive) and the company has fixed Wednesday, 18th September, 2024 as the Record Date for taking record of the Members of the Company for the purpose of Annual General Meeting and Final Dividend, if approved, for the financial year 2023-24."

NLC India To Hold AGM on September 25: The exchange filing added, "We write to inform that the 68th Annual General Meeting (AGM) of the Company is scheduled to be held on Wednesday, 25th September, 2024 at 15:00 Hours (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM)."

NLC India Shares Performance & Return: The 52-week high price of NLC India shares on BSE is Rs 311.65 per share (as on 16/07/2024) and 52-week low price is Rs 117.00 apiece (as on 26/10/2023), respectively. NLC India shares gained 18% in last 6-months, surged 253% in last 2-years, jumped 421% in last 3-years, and offered return of 402% in last 5-years. In last 10-years, NLC India stock gained 201%.

NLC India About: For more than six glorious decades, NLC India Limited has been a forerunner amongst the Public Sector Enterprises in the country in the energy sector, contributing to a lion's share in lignite production and significant share in thermal and renewable energy generation. The Company was incorporated on 14.11. 1956. NLCIL is a Navratna Government of India Enterprise, under the administrative control of Ministry of Coal. Today, the company has set its footprints in PAN India mode in the states of TamilNadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand and Andaman & Nicobar Islands, according to its official website.

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