NLC India will elevate industrial borrowings of as much as $ 20 million, inventory watched as much as 8% in per week – INA NEWS
Authorities owned firm NLC India Will borrow from exterior. The corporate has informed the inventory markets on March 10 that it has obtained an in-principal approval to lift exterior industrial browing (ECB) in Japanese Yen equal of $ 200 million from its board. It additionally contains the inexperienced shoe choice. NLC India is in coal mining and energy era enterprise. It’s got Navratna standing.
NLC India shares fell by 2 p.c on March 10 and closed at Rs 220.10 on BSE. The corporate’s market cap is Rs 30500 crore. The federal government had a 72.20 p.c stake within the firm by the tip of December 2024. The inventory has damaged 16 p.c within the final 3 months. On the identical time, the value has risen about 8 p.c in per week.
The inventory’s 52 -week excessive stage is Rs 311.65 at BSE, which was created on 16 July 2024. The 52 -week low of Rs 185.85 was seen on 17 February 2025. The higher value band for the inventory is Rs 269.90 and the lower cost band is Rs 180. The circuit restrict is 20 p.c.
250 crore revenue earned in December quarter
NLC India recorded a web revenue of Rs 250.4 crore within the October-December 2024 quarter. In the identical quarter final yr, the corporate had a web lack of Rs 406.7 crore. Within the December 2024 quarter, income from operations declined 14 p.c to Rs 3,164.4 crore on an annual foundation. It was Rs 3,679 crore a yr in the past. Ebitda declined by 33.5 p.c to Rs 904.7 crore as in comparison with a yr in the past. It was Rs 1,359.7 crore within the December 2023 quarter. The Ebitda margin was 28.6%, whereas it was 37% a yr in the past.
Multibagger Inventory: ₹ 1.37 crore made price ₹ 1 lakh in 4 years, 937% ran in 1 yr
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NLC India will elevate industrial borrowings of as much as $ 20 million, inventory watched as much as 8% in per week
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