Major industrial players like JSW Group and NLC India showcased interest in the $1 billion rare earth magnet incentive scheme initiated by the Centre. The goal is to establish a self-reliant domestic ecosystem for rare earth magnets, attracting attention from significant industrial entities.

NLC India appoints Pankaj Kumar as their new Executive Director starting April 2026. With over two decades of Human Resources experience under his belt from companies like LG Electronics India and NLC, Kumar is set to bring valuable insights to the role.

Expert advice suggests DMart, MCX, Aurobindo Pharma, Emcure Pharma, GPIL, and NLC India as potential short-term investment options due to their robust performance amid challenging market conditions characterized by high crude prices, a weak rupee, and foreign capital outflows. The Nifty 50 and Sensex have experienced sharp declines due to these factors.

Investment analyst Sumeet Bagadia suggests five promising stocks: National Aluminium, NLC India, Honasa Consumer, Ather Energy, and Aurobindo Pharma. However, the Nifty 50 and Sensex declined due to negative market sentiment and geopolitical concerns, falling by 2.1% (Nifty) to 22,819.6 and 2.3% (Sensex) to 73,583.2.

The stocks of Apollo Pipe, Aster DM, and NLC India have seen bullish breakouts, indicating potential gains. Investors may consider buying at levels of around ₹405 for Apollo Pipe, ₹680 for Aster DM, and ₹273 for NLC India. Target prices are set at ₹470, ₹730, and ₹292 respectively, with stop-loss points to limit potential losses if the market takes a turn.

NLC India is planning to initiate coal operations at their Pachwara South Coal Block by 2026, with a reserve of approximately 264.8 million tonnes and an annual capacity of 9 million tonnes. This production will be utilized for the 3x660MW Ghatampur Thermal Power Plant in Uttar Pradesh, set to commence operations from March 2026.