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.
The cabinet has approved state-run Neyveli Lignite Corp's
India plans to add about 76,000 megawatts in five years to end-March 2017.
Neyveli Lignite stock price
On September 16, 2014, Neyveli Lignite Corporation closed at Rs 86.30, down Rs 3.75, or 4.16 percent. The 52-week high of the share was Rs 108.50 and the 52-week low was Rs 54.55.
The company's trailing 12-month (TTM) EPS was at Rs 9.28 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 9.3. The latest book value of the company is Rs 82.87 per share. At current value, the price-to-book value of the company is 1.04.
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