NLC India set for best week in 6 months on critical minerals project, China supply optimism

NLC India

12/09/2025 06:22

** Shares of NLC India NLCI.NS rise 1.65% to 260.50 rupees

** NLCI up about 13.7% this week, on course for best week in about six months

** NLC shares gain on optimism around rare earth supply, as easing curbs in China boost sector sentiment, says SBICaps

** Co signs MoU with Khanij Bidesh India Limited (KABIL) for critical mineral projects

** KABIL is JV of state-run National Aluminium Co (NALCO) NALU.NS, Hindustan Copper Ltd and Mineral Exploration and Consultancy

** More than 35.5 mln shares traded so far, 2.3x 30-day avg

** Stock up about 5% YTD

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com))