NLC India shares climbed 18% to a fresh record after the PSU reported a 189% year-on-year jump in Q4 net profit to Rs 1,394 crore. Revenue grew 32%, and the board recommended a final dividend. The company also clocked record annual coal production, alongside its highest-ever full-year profit, fueling investor optimism.
Tata Steel is rolling out an India-led expansion aimed at capturing a multi-year steel upcycle. The centerpiece is expanding Neelachal Ispat Nigam Limited in Odisha, a move that could elevate Tata’s position in long-steel products. The strategy seeks to build growth momentum despite overseas headwinds, with Odisha becoming the operational engine of this push.
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