Meanwhile, the S&P BSE Sensex was up 49.43 points or 0.25% at 19,595.21.
On BSE, 30,000 shares were traded in the counter as against average daily volume of 23,069 shares in the past one quarter.
The stock hit a high of Rs 65.70 and a low of Rs 63.05 so far during the day. The stock had hit a 52-week low of Rs 62.35 on Tuesday, 4 June 2013. 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 4 June 2013, sliding 10.52% compared with the Sensex's 0.15% fall. The scrip had also underperformed the market in past one quarter, declining 10.33% as against Sensex's 3.54% gain.
The large-cap company has equity capital of Rs 1677.71 crore. Face value per share is Rs 10.
Shares of Neyveli Lignite Corporation (NLC) had declined 7.01% in four trading sessions to settle at Rs 62.95 on Tuesday, 4 June 2013, from a recent high of Rs 67.70 on 29 May 2013, after the company after market hours on 28 May 2013, reported muted Q4 earnings.
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.
Meanwhile, the Union Cabinet on Tuesday reportedly deferred a decision on proposal to divest 5% stake in NLC. The Government of India (GoI) holds 93.56% stake in NLC (as per the shareholding pattern as on 31 March 2013).
NLC's principal activities are exploration of lignite mines and power generation.
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