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NLC India- Capacity Addition Across Mining, Power Segments To Drive Growth; Axis Securities Initiates With Buy

The brokerage sets target price of Rs 340/share, implying an upside potential of 20% from the current market price.

<div class="paragraphs"><p>Excavators at open cast lignite mine operated by Neyveli Lignite Corporation India Ltd. (NLCIL) in Tamil Nadu (Photographer: Vijay Sartape/ Source: NDTV Profit)</p></div>
Excavators at open cast lignite mine operated by Neyveli Lignite Corporation India Ltd. (NLCIL) in Tamil Nadu (Photographer: Vijay Sartape/ Source: NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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