Shares of NLC India rose 12.2% to Rs 237.05 after posting a record Q3 PAT of Rs 2,245 crore, marking a 28% YoY growth. The company also declared an interim dividend of Rs 1.50 per share, with February 7 as the record date for eligibility and payments to be made by March 4.
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Market sentiment is currently weak, with a key level to watch at 24,250, as a break below could trigger panic selling. Certain sectors like textiles