NELCO shares jump 13% after March quarter 1.1 cr profit
NewsBytes | April 21, 2026 3:44 PM CST
NELCO board approves final ₹1 dividend
The board approved a final dividend of ₹1 per share, which still needs approval at the next AGM.
Tata Power owns one-half the company, while retail investors hold about one-third, pretty unique since mutual funds don't have any stake here.
Even with prices up 41% over the past month, NELCO shares are still down 34% from their 52-week high of ₹1,161.
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