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The latest update is out from NLC India Limited ( (IN:NLCINDIA) ).
NLC India Limited announced that Acuite Ratings & Research has assigned a top-tier ACUITE AAA with Stable outlook to its new ₹1,000 crore External Commercial Borrowing facility. The rating agency also reaffirmed the ACUITE AAA with Stable outlook on the company’s existing ₹950 crore term loan, underscoring the firm’s strong credit profile, financial stability, and continued access to cost-effective funding in support of its ongoing operations and capital plans.
More about NLC India Limited
NLC India Limited is a Navratna Government of India enterprise operating in the energy and mining sector, with activities centered on lignite mining and power generation. The company plays a significant role in India’s electricity supply through its thermal and renewable power assets, serving utilities and industrial consumers across the country.
Average Trading Volume: 98,448
Technical Sentiment Signal: Buy
Current Market Cap: 332.6B INR
Find detailed analytics on NLCINDIA stock on TipRanks’ Stock Analysis page.