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NLC India Share Price Surges on Preferred Bidder for Strategic Mineral Blocks

Written by: Team Angel OneUpdated on: May 28, 2025, 3:22 PM IST
NLC India share price surges on preferred bidder for 2 key mineral blocks in Chhattisgarh after a strategic e-auction by the Ministry of Mines.
NLC India Share Price Surges on Preferred Bidder for Strategic Mineral Blocks
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NLC India Limited, a prominent Navratna Central Public Sector Enterprise under the Government of India, is engaged in mining and power generation activities. Headquartered in Tamil Nadu, the company plays a vital role in the country’s energy and resource sectors through its diversified operations and strategic initiatives.

NLC India Named Preferred Bidder for Strategic Mineral Blocks

NLC India has been selected as the preferred bidder for 2 significant mineral blocks, Semhardih and Raipura, located in Chhattisgarh. These blocks are abundant in phosphorite and limestone. The allocation was made following an e-auction conducted by the Ministry of Mines on May 15-16, 2025. This achievement marks a crucial step in the company’s expansion in the critical minerals sector and supports the government’s broader objective of securing vital mineral resources.

Financial Performance

NLC India's consolidated revenue steadily increased from ₹3,540.61 crore in March 2024 to a peak of ₹4,411.41 crore in December 2024, before slightly declining to ₹3,836 crore in March 2025.

Consolidated Net profit followed a similar upward trajectory, surging from ₹113.77 crore in March 2024 to ₹468.36 crore by March 2025.

Earnings Per Share (EPS) reflected this trend, growing from 0.82 in March 2024 to 3.38 by the end of March 2025. This performance indicates periods of profitability and operational efficiency, particularly in the middle quarters of the financial year.

Read More: NLC India Release of FY25 Earnings: Revenue and PAT Up in FY25

NLC India Share Price Performance 

As of May 28, 2025, at 9:50 AM, NLC India Ltd share price is trading at ₹245.57 per share, reflecting a surge of 2.99% from the previous day's closing price. Over the past month, the stock has surged by 3.28%. The stock's 52-week high stands at ₹311.80 per share, while its low is ₹186.03 per share.

Conclusion 

This achievement strengthens NLC India Ltd.'s strategic position in the mineral sector and supports the nation's goal of securing essential mineral resources.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 28, 2025, 3:22 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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