NMDC Ltd Share Price (NMDC)

NMDC Steel Plant Inauguration Boosts Stock - 03 Oct, 2023

Prime Minister Narendra Modi inaugurates NMDC Steel Ltd's steel plant in Chhattisgarh, while a technical analyst recommends buying NMDC Ltd.

NMDC Hikes Iron Ore Prices and Dedicates New Steel Plant - 02 Oct, 2023

NMDC Ltd has hiked iron ore prices by Rs. 300/tonne in September, reflecting the recovery in international iron ore prices. The Prime Minister will dedicate NMDC Steel Ltd's new greenfield steel plant at Nagarnar, which is expected to provide employment opportunities and boost socioeconomic development.

Chhattisgarh CM Accuses Centre of Privatising NMDC Steel Mill - 01 Oct, 2023

Chhattisgarh Chief Minister Bhupesh Baghel has accused the Centre of attempting to privatise the Nagarnar steel factory in Bastar district, leading to calls for a shutdown. The ruling Congress alleges that the Centre is intending to privatise the NMDC Nagarnar steel mill.

ICVL to Double Production Capacity - 29 Sep, 2023

International Coal Ventures Private Limited (ICVL), a special purpose vehicle of SAIL, RINL, NMDC, CIL and NTPC, is planning to double its production capacity to 4 MTPA.

NMDC Among Top Performers - 28 Sep, 2023

NMDC Ltd's stock has been performing well, closing positively on nine occasions with an average return of over 5%. It also features on a list of top-performing stocks.

NMDC Faces Logistics Issues Affecting Exports - 27 Sep, 2023

NMDC Ltd is facing a severe shortage of rakes, which is affecting the company's ability to export low-grade iron ore to China. The company has also faced a fresh crisis after stopping normal supply of iron ore from Kirandul and Bacheli blocks in Bastar district of Chattisgarh.

NMDC Unable to Supply Full Quota of Iron Ore to RINL - 23 Sep, 2023

NMDC has advised RINL to source iron ore from its Karnataka mines as it is unable to supply the full quota from Chhattisgarh. BJP spokesman urges intervention.

NMDC Ltd's Debt Reduced to Rs 4.23b with Net Cash of Rs 60.8b - 22 Sep, 2023

As of March 2023, NMDC Ltd had a debt of Rs 4.23b, down from Rs 34.9b the previous year, and net cash of Rs 60.8b. Despite a 42% decrease in EBIT over the last year, NMDC has more cash than debt, indicating it can manage its debt safely.

AK Padhy Heads Sales and Marketing at NMDC Ltd - 21 Sep, 2023

Shri AK Padhy, Executive Director of NMDC Ltd, heads the sales, marketing, and material management functions for various products. He has contributed to achieving record-breaking sales turnover of over INR 25000 Crores.

NMDC Shares Surge After Upward Revision in Iron Ore Prices - 14 Sep, 2023

NMDC's shares surge over 5% to hit a new 52-week high following an upward revision in iron ore prices. ICICI Securities upgrades the stock to Buy with a revised target price of INR 180.

NMDC Stock Surges on Upgraded Rating and Volume Growth Potential - 13 Sep, 2023

NMDC Ltd's stock surges as ICICI Securities upgrades it to 'Buy' with a raised target price of Rs 180, citing strong operating performance and potential for sales volume growth.

Stocks to Watch: NMDC Ltd - 11 Sep, 2023

NMDC Ltd is among the stocks to watch today.

NMDC to Supply Iron Ore from Karnataka Instead of Chhattisgarh - 09 Sep, 2023

NMDC Ltd has decided to supply iron ore from Karnataka instead of Kirandul and Bacheli blocks in Chhattisgarh, leading to an additional cost of around Rs.800 per tonne on transportation. Earnings remain stable.

NMDC Addresses Shareholders; BJP MP Urges Iron Ore Supply Restoration - 08 Sep, 2023

India's largest iron ore producer, NMDC, outlined its vision for the future at its 65th AGM. A BJP MP also urged the Steel Minister to restore iron ore supply to RINL from NMDC's mines.

NMDC Shares Surge After PM Modi's Remark on PSU Companies - 07 Sep, 2023

NMDC Ltd's shares witness a massive rally of 26.82% following PM Modi's remarks on PSU companies. The company also outlines its vision for sustainable mining practices at its AGM.

NMDC Ltd Gains on Domestic Activity - 05 Sep, 2023

NMDC Ltd has gained over 20% in one month due to robust domestic activity. It is also among the stocks to watch.

NMDC Stock Sees Positive Momentum - 04 Sep, 2023

NMDC Ltd's stock sees positive momentum with a proposed land lease deal, bullish setup, and breakout above falling supply line.

NMDC Well-Positioned for Growth in Domestic Steel Markets - 02 Sep, 2023

NMDC Ltd is predicted to experience strong volume growth in domestic steel markets over the next two years due to its increased focus on mining business post-steel business demerger. Additionally, the company has achieved record production and sales figures in August 2023.

NMDC Reports Increase in Production and Sales - 01 Sep, 2023

NMDC Ltd's shares rose by 5.5% after reporting a YoY increase in iron ore production and sales. Indian steel companies are also expected to drive volume growth.

NMDC Shares Trade Ex-Dividend - 31 Aug, 2023

State-run iron ore producer NMDC Ltd's shares will trade ex-dividend on Thursday after the company declared a dividend of Rs 2.85 per share.