Stocks of Neyveli Lignite hit an intra-day high of Rs 45.30, before closing 3.06 per cent higher at Rs 43.75. More than 16.82 lakh shares of the company were traded on the BSE.
The rise in the counter was attributed to good buying support. According to market talk, a domestic brokerage has turned bullish on the stock.
Reforms in the power sector and the company
