NLC India Ltd.

NLC India Ltd.

Multiple C&H Formation: Yearly Basis
MultiYear Trendline/C&H: Price BreakOut
Vol. Consolidation/Further BuiltUp

*With Upside, Trail SL*
*Book Profit as per Risk Appetite*

*Snapshot*
A Navratna Govt. Co. - Engaged in Mining of Lignite & Generation of power - Using lignite / Renewable Energy.
Adding 3200MW coal-based thermal plant (Odisha) – Finish by FY28.
NLC’s renewable energy capacity is at 1.4GW out of its total capacity of 5GW.
UP thermal power plant (1980MW) – to be commissioned post Mar’23.
Coal production Ramp up output to 13MT (FY23) & 20MT in FY24.

Revenue /Profit Up & Stable on Qtrly/Yearly Basis.
Improving Leverage / TNW / Receivables
CF for Ops. Increasingly +ve
Improved RoA/RoE/RoCE for FY22.
FII Stake Up Since Jun’21 / DII Down since Dec’20

*Concern:*
Exposure to project implementation risks.

*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
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