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CNBC TV18

NLC India shares rise 8% as Q2 net profit doubles; board clears Renewables IPO OFS

NLC India shares gained 8% after the company reported more than a twofold rise in Q2 net profit to ₹1,381 crore. The board also approved an OFS of up to 10 crore shares in its renewables subsidiary's proposed IPO and declared an interim dividend of ₹1.50 per share.