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NMDC Ltd News

Multiple tailwinds in NMDC point to major upside, mine-lease premium weighs_42567

Favourable demand-supply situation pushing up ore prices, value unlocking through demerger, high dividends and cheap valuations are key positives

Multiple tailwinds in NMDC point to major upside, mine-lease premium weighs_42567
Updated On : 11 Mar 2022 | 9:17 PM IST

Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally_40885

With Nickel, Gold and wheat also hitting multi-year highs like Crude Oil, these five commodity related shares are likely to witness strong gains, indicate charts.

Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally_40885
Updated On : 08 Mar 2022 | 12:18 PM IST

Nifty Metal index can hit historic high; Hindalco, NMDC may rally up to 17%_27494

The Nifty Metal index can clock a new high, if it manages to cross and sustain above the 6,000-mark.

Nifty Metal index can hit historic high; Hindalco, NMDC may rally up to 17%_27494
Updated On : 04 Feb 2022 | 11:59 AM IST

NMDC iron ore output grows 28% to 33 MT in Apr-Jan; sales jump 25%_26128

State-owned NMDC on Tuesday said its iron ore production surged over 28 per cent to 32.88 million tonnes (MT) in April-January 2021-22. The company's iron ore output was 25.66 MT in the same period last fiscal, NMDC said in a regulatory filing. In January 2022, the company said its iron ore production rose to 4.56 MT from 3.86 MT a year ago. Its total sales of iron ore during the April-January period increased over 25 per cent to 32.60 MT from 26.01 MT a year ago. The company sold 4.24 MT iron ore in January 2022 compared to 3.74 MT in the year-ago month. The Hyderabad-headquartered NMDC, under the Ministry of Steel, is the country's largest iron ore mining company. It is also involved in the exploration of a wide range of minerals like copper, rock phosphate, limestone, dolomite and gypsum.

NMDC iron ore output grows 28% to 33 MT in Apr-Jan; sales jump 25%_26128
Updated On : 02 Feb 2022 | 5:36 PM IST

Weak outlook emerges for NMDC as strong steel cycle appears to have peaked_5849

Most analysts have a hold rating on the stock of India's largest iron ore mining company

Weak outlook emerges for NMDC as strong steel cycle appears to have peaked_5849
Updated On : 10 Dec 2021 | 9:23 PM IST