NLC Share Price Target Tomorrow 2024 To 2030 – Stock Market Update

NLC India Ltd, formerly known as Neyveli Lignite Corporation, is a government-owned company in India that focuses on the mining of lignite and power generation. Established in 1956, NLC has grown to become a significant player in the energy sector, operating both thermal and renewable energy plants. The company is involved in lignite mining and also produces electricity using solar and wind power. NLC Share Price on NSE as of 15 October 2024 is 268.50 INR. Here will provide you more details on NLC Share Price Target 2024, 2025, 2026 to 2030.

NLC India Ltd: Market Overview

• Open Price: ₹267.75
• High Price: ₹270.95
• Low Price: ₹266.30
• Previous Close: ₹267.35
• Volume: 312,953
• Value (Lacs): ₹840.44
• VWAP: ₹268.80
• UC Limit: ₹320.80
• LC Limit: ₹213.90
• P/E ratio: 18.45
• Div yield: 1.12%
• 52-wk high: ₹311.80
• 52-wk low: ₹116.80
• Mkt cap: ₹37.23KCr
• Face Value: ₹10

NLC India Ltd Competitors

Here are five competitors of NLC India Ltd with their approximate market capitalizations:

1. NTPC Ltd
   Market Capital: ₹2.45 Lakh Crores
2. Power Grid Corporation of India Ltd
   Market Capital: ₹1.7 Lakh Crores
3. Tata Power Company Ltd
   Market Capital: ₹90,000 Crores
4. JSW Energy Ltd
   Market Capital: ₹58,000 Crores
5. NHPC Ltd
   Market Capital: ₹57,000 Crores

NLC Share Price Chart

NLC Share Price Target Tomorrow 2024 To 2030

NLC Share Price Target 2024

NLC share price target 2024 Expected target could be ₹450. Here are three key factors affecting the growth of NLC India Ltd’s share price target for 2024:

• Expansion in Renewable Energy: NLC’s increasing focus on renewable energy projects, especially solar and wind power, could drive growth. Any successful expansion in these areas can enhance investor confidence, pushing up the share price.
• Government Policies on Clean Energy: Favorable policies and incentives from the Indian government towards clean and green energy can boost NLC’s growth potential, as it aligns with India’s energy transition goals, positively impacting the share price.

• Operational Efficiency and Capacity Expansion: NLC’s efforts to enhance operational efficiency and expand its power generation capacity, especially with new projects coming online, can contribute to revenue growth, which in turn may lead to an upward trend in its stock price.

NLC Share Price Target 2025

NLC share price target 2025 Expected target could be ₹560. Here are three key factors that could affect the growth of NLC India Ltd’s share price target for 2025:

• Increased Capacity in Renewable Energy: NLC’s plan to scale up its renewable energy portfolio, particularly solar and wind projects, will likely influence growth. Progress in these areas can attract more investors, boosting the share price.
• Coal Mining and Thermal Power Operations: The continued expansion of coal mining and thermal power generation will remain crucial. If NLC improves its output and operational efficiency in these sectors, it may positively affect revenue and share price.

• Impact of Regulatory and Environmental Policies: Government regulations, particularly around environmental sustainability and energy transition, will play a significant role. Any positive regulatory support or favorable changes in energy policies could help drive NLC’s stock performance in 2025.

NLC Share Price Target 2030

NLC share price target 2030 Expected target could be ₹1095. Here are three key factors that could affect the growth of NLC India Ltd’s share price target for 2030:

• Transition to Green Energy: By 2030, NLC’s ability to transition from traditional coal-based energy to renewable sources like solar and wind power will be crucial. Expanding its green energy portfolio will align with global sustainability trends, attracting more investors and boosting its share price.
• Technological Advancements: Investments in modern technology and innovation, such as energy storage solutions and smart grids, will impact NLC’s efficiency and competitiveness. Success in adopting these technologies can improve operational efficiency, driving long-term growth.

• Long-Term Contracts and Government Support: Securing long-term power purchase agreements (PPAs) and continued government support, especially in renewable energy development, will be vital. Strong partnerships and favorable policies can stabilize revenue streams, contributing to steady stock price growth by 2030.

NLC India Ltd Shareholding Pattern

• Promoters: 72.2%
• FII: 2.18%
• DII: 13.83%
• Public: 11.79%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.nlcindia.in/

NLC India Ltd Financials

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