NLC India Rises 3% After Winning Strategic Mineral Blocks and Strong Q4 Performance

shares rose 3.32% to ₹246.35 after the company was declared the preferred bidder for two key phosphorite and limestone blocks, Semhardih and Raipura in Balod, Chhattisgarh, through the Ministry of Mines' e-auction held on May 15–16. This comes shortly after NLC signed a Power Purchase Agreement for an 810 MW solar project with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and an MoU with IREL (India) Ltd. On the earnings front, NLC reported a sharp 323% YoY jump in Q4 net profit to ₹482 crore, up from ₹114 crore last year. Revenue rose 8.3% YoY to ₹3,836 crore, and EBITDA grew 43%. While the stock has remained flat in 2025 so far, these recent developments highlight the company’s focus on both strategic mineral expansion and clean energy growth. Follow me for more such pots, Thank you! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.