Meanwhile, the S&P BSE Sensex was up 35.06 points or 0.19% at 18,754.35.
On BSE, 16,149 shares were traded in the counter as against average daily volume of 17,597 shares in the past one quarter.
The stock hit a low of Rs 55 so far during the day, which is also its 52-week low. The stock hit a high of Rs 56.80 so far during the day. The stock had hit a 52-week high of Rs 90.65 on 8 August 2012.
The stock had underperformed the market over the past one month till 20 June 2013, sliding 16.32% compared with the Sensex's 7.44% fall. The scrip had also underperformed the market in past one quarter, falling 13.75% as against Sensex's 0.87% fall.
The large-cap company has equity capital of Rs 1677.71 crore. Face value per share is Rs 10.
As per reports, the Cabinet will today, 21 June 2013 take up the proposal to sell government's 5% stake through the offer for sale (OFS) route in Neyveli Lignite Corporation (NLC). The Government of India (GoI) holds 93.56% stake in NLC (as per the shareholding pattern as on 31 March 2013).
Market regulator Securities & Exchange Board of India (Sebi) has set a deadline of August 2013 for all listed central public sector units to have a minimum 10% public shareholding.
The Cabinet Committee on Economic Affairs (CCEA) had earlier reportedly deferred a decision on the stake sale in NLC due to strong protest from the Dravida Munnetra Kazhagam (DMK).
NLC's net profit rose 1.6% to Rs 614.79 crore on 9.5% growth in net sales to Rs 1653.35 crore in Q4 March 2013 over Q4 March 2012.
NLC's principal activities are exploration of lignite mines and power generation.
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