The government has been unable to proceed with the strategic disinvestment of Bharat Petroleum Corp, Container Corporation of India, and Shipping Corporation of India due to regulatory challenges and adverse market conditions.

Recently, the stock gave a breakout from Ascending Triangle pattern, as well as the consolidation zone from 2007-2022 on the monthly charts adding to the bullish bias. Short-term traders can look to buy the stock for a target of Rs 130-165 in the next 6 months, which translates into an upside of about 50% from Rs 87 recorded on December 6.

NLC India and GRIDCO have signed MoU for setting up of ground-mounted/floating solar power projects, pumped hydro storage projects, green hydrogen projects and many other renewable projects.

Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in the private sector lender Yes Bank.

For the Nifty, 18,600 and 18,750 are the next levels to watch out for, above which the path to the next milestone of 19,000 unfolds

Indoco Remedies shares rallied more than 7 percent to Rs 415.35 and formed long bullish candle on the daily charts with strong volumes. Overall it has seen a good run up after breaking out long downward sloping resistance trend line adjoining August 12, 2021 and August 3, 2022.

NLC India Ltd. key Products/Revenue Segments include Power, Coal, Lignite, Fly Ash and Consultancy Income for the year ending 31-Mar-2022.

NLC India has broken out from the bullish Cup and Handle pattern on the daily chart. Price Breakout is accompanied with jump in volumes.

BHEL and CIL (Coal India Ltd) will jointly set up coal gasification based plants under the agreement. Apart from this, NLCIL will establish a lignite-based gasification pilot plant, it said.

Infosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.

Infosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.

Infosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.

Infosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the companies that will announce their results for September 2022 quarter today.

The company had posted consolidated profit of Rs 357.59 crore in the year-ago period.

The MoU was signed by the Managing Director APDCL Rakesh Kumar and Director Planning and Projects of NLC India Limited K. Mohan Reddy in presence of Chief Minister Himanta Biswa Sarma and Union Minister for Coal, Mines Pralhad Joshi in Guwahati.

According to a regulatory filing, the company's board of directors has approved the investment proposal for establishing Mine III (peak Capacity-11.50 MTPA & Normative capacity- 8.71 MTPA) at Neyveli, Tamil Nadu at an estimated cost of Rs 3,755.71 crore.

Thereafter, the utilisation rates, known as 'plant load factor' or PLF, declined to 68% in FY14 due to higher availability of power as new projects were commissioned. The PLF in the first quarter of FY20 (pre-Covid-19) fell to 63% owing to higher generation capacity and lower electricity demand due to the economic slowdown. The utilisation rate in the first quarters of Covid-affected FY21 and FY22 was 47% and 59%, respectively.

As many as 38 online and offline bids were submitted during the three rounds of auctions. JSW Steel, Vedanta Ltd, NLC India Ltd, Jindal Power and Bharat Aluminium Company Ltd have submitted the bids. Others companies that have submitted the bids include Birla Corporation Ltd, Jaiprakash Power Ventures Ltd, Rungta Metals Private Ltd and Godavari Power & Ispat Ltd.

Assam chief minister, Himanta Biswa Sarma said, “MoU to be signed with NLC India Ltd, a Navratna enterprise, to set up a Joint Venture Company (JVC) for generating 1GW plus solar power on Government land. This will be the first such initiative among PSUs in energy sector”

Though best efforts are being made to balance the dependence on coal and lignite with development of renewables, the transition to green energy will mostly be gradual, Joshi said during his maiden visit to NLC India Ltd at Neyeli. NLC India, in a statement, said that Joshi emphasised on the importance of coal in the country's energy security today.

Power Grid has made fresh life time highs this week and is sustaining at higher levels which shows strong strength of the stock. On weekly charts the stock has been taking support at 20 week SMA since November 2020 indicating bullish undertone for the medium to long term.

The outcome of US Fed policy will be decisive for global markets, while corporate earnings will lead to stock-specific movements in the Indian market

Malay Thakkar of GEPL Capital advises traders and investors to also continue holding NLC India for an upside towards Rs 97 followed by Rs 102

On the daily and weekly charts, NLC India has formed strong promising price volume breakout formation that indicates bulls are clearly dominating price action.

Media reports, citing sources, reported that Tamil Nadu is set to purchase power to the tune of 6000 MW to overcome the shortage in the months of April and May. Other than power vendors, Tangedco has also approached the Neyveli Lignite Corporation (NLC) to buy power.