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NLC India - Growth Outlook Intact; Maintain 'Buy': Axis Securities

The brokerage sets target price of Rs 305/share which implies an upside of 19% from the current market price.

<div class="paragraphs"><p>A bucket wheel excavator operates at Neyveli Lignite Corporation India Ltd.'s mine field in Tamil Nadu, India. (Photographer_ Vijay Sartape/ Source: NDTV Profit)</p></div>
A bucket wheel excavator operates at Neyveli Lignite Corporation India Ltd.'s mine field in Tamil Nadu, India. (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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