NLC India is trading 4.45% down at ₹223.15 amid broader risk aversion; no reviewed source ties the decline to a company-specific event. - NLC India announced three proposed Odisha projects on October 22, including a 3,200 MW thermal plant; the report does not attribute the move to the MoUs. - October 22 market coverage linked equity losses to AI-spending worries and renewed geopolitical tensions. This backdrop may have weighed on sentiment but does not establish the direct cause.