NLC India shares rally 12% after 28% YoY rise in Q3 PAT and Rs 1.50/share dividend announcement

Shares of PSU stock NLC India surged 12.2% to a high of Rs 237.05 on the BSE today after reporting robust Q3 results, posting an all-time highest profit after tax (PAT) of Rs 2,245 crore, reflecting a significant 28% YoY growth.

This compares to Rs 1,754 crore in the same period of the previous…