The cabinet has approved state-run Neyveli Lignite Corp's proposal to set up 1,980 megawatt power project in Uttar Pradesh, Ambika Soni, Information and Broadcasting Minister, told reporters on Thursday.
India plans to add about 76,000 megawatts in five years to end-March 2017.
Neyveli Lignite stock price
On November 26, 2015, Neyveli Lignite Corporation closed at Rs 81.60, down Rs 0.05, or 0.06 percent. The 52-week high of the share was Rs 94.25 and the 52-week low was Rs 65.25.
The company's trailing 12-month (TTM) EPS was at Rs 10.11 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 8.07. The latest book value of the company is Rs 88.64 per share. At current value, the price-to-book value of the company is 0.92.
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