NLC India Ltd. Share Price

Pre Market Report & Global Cues | 09 September

Global cues are weak this morning. US markets closed in the red. Dow fell 1.18%, S&P 0.58%, and Nasdaq 0.32%. The main reason is strong US job data (162K vs 53K expected), which has again increased the chances of a rate hike. Because of this, the US 10Y yield is holding near 4.79%, and that is keeping pressure on global markets. Crude oil is the bigger concern right now. Brent is close to $99.5 after fresh tensions in West Asia and issues around the Strait of Hormuz. For India, this is clearly negative as it affects inflation and keeps pressure on the rupee. There is also some global uncertainty after Canada imposed tariffs on US goods, which is adding to the cautious sentiment. Asian markets are mixed. Kospi is up around 1.6%, but Hang Seng and Straits Times are slightly weak. Because of this, Gift Nifty is indicating a flat to slightly positive start. On the domestic side, India 10Y yield is around 6.95%, which is still on the higher side. The rupee has weakened to 94.8, showing pressure due to rising crude. Nifty closed at 23,635 in the previous session and the overall trend still looks weak. Even if we open flat, the market needs strong buying to turn positive. One more thing to note: ADRs were weak: Infosys, Wipro, HDFC Bank and ICICI Bank all saw selling. So IT and banking stocks may start the day under pressure. There will be stock-specific action as well. On the positive side, Enviro Infra has won a ₹190 Cr order, TCS secured a government deal, and NLC India got a 200 MW wind project. Raymond is also in focus after approving a fund raise. On the negative side, Moschip may see pressure due to a legal issue, while Biocon and Sanofi India may remain volatile due to ongoing developments. Sector-wise: Oil-sensitive sectors like aviation, paints and tyres may remain under pressure due to high crude. IT stocks may stay weak after the ADR fall. Capital goods and infra may see stock-specific buying.

NLC India Renewables: 275 MW Battery Storage Project

NLC India Renewables is in focus after receiving a Letter of Intent from Gujarat Urja Vikas Nigam Limited (

NLCINDIA's subsidiary NIRL Secures GUVNL bid for project

NLC India Expands Into Battery Storage in Gujarat

NLC India Ltd is further diversifying its business beyond lignite mining and power generation, with its wholly owned subsidiary NLC India Renewables Ltd (NIRL) emerging as the successful bidder for a 275 MW/550 MWh standalone Battery Energy Storage System (BESS) project in Gujarat. The project was awarded through Gujarat Urja Vikas Nigam Ltd’s (GUVNL) tariff-based competitive bidding process, following which NIRL received a Letter of Intent (LoI) for project development. The development adds a utility-scale energy storage project to NLC India’s portfolio and aligns with its broader diversification strategy. Separately, on June 12, 2026, NLC India was declared the preferred bidder for the Parvathapur Vanadium, Titanium and Aluminous Laterite Block in Telangana after the Ministry of Mines conducted the critical and strategic mineral block e-auction on June 11, 2026. Located in Sangareddy district, the block contains minerals considered important for energy storage, defence, aerospace and advanced manufacturing. Together, these developments mark NLC India’s expansion into battery storage and critical minerals, areas identified as strategic under the government’s National Critical Mineral Mission.

INOX India Ltd today announced strong financial results

NLC India is now at a crucial long-term trendline support