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NMDC PRODUCTION PERFORMANCE
- NMDC cuts iron ore prices from August 8
NMDC has cut its iron ore prices effective August 8, 2026. Lump ore (65.5%) is now priced at Rs 5,250 per tonne, down from Rs 5,450 in July...
Just 2% return! Will SBI Funds Management break the curse of India's poor billion-dollar IPO record?India's large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management's IPO will n...
NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26NMDC Steel shares surged nearly 18% to a 52-week high after reporting a significant turnaround in FY26 earnings. The company returned to pr...
NMDC posts record 15% rise in iron ore production in April; sales grow 3%NMDC saw a 15% increase in iron ore production in April. Sales also grew by 3%. Kirandul, Bacheli, and Donimalai mines showed strong perfor...
NMDC posts record 15 pc rise in iron ore production in April; sales grow 3 pcNMDC saw a 15% increase in iron ore production in April. Sales also rose by 3% compared to last year. NMDC produced 4 million tonnes of iro...
NMDC shares in focus as strike ends, normal operations resumeNMDC's strike by trade unions has ended, restoring normal operations as employees resumed work on March 20. This follows a significant prod...
NMDC records 8% jump in iron ore production at 3.61 Mn tonnes in NovemberCommenting on the company's thriving performance, Sumit Deb, CMD, NMDC, said with an upswing in the demand for steel, the company is in the...
NMDC April-February output jumps 26 pc; sales up 25.5 pcNMDC CMD Sumit Deb said, "With an overwhelming performance this month, NMDC remains an iron and steel powerhouse and this success is attrib...
NMDC Q1 results: PAT declines 55% to Rs 533 croreThe company's turnover went down by 40.6 per cent during the 1st quarter of FY21 to Rs 1,938 crore compared to a turnover of Rs 3,264 crore...
NMDC sees 13% rise in production in July, sales grow 7%NMDC achieved a production of 2.19 million tonne (MT) and sales 2.57 MT during the month under review, despite the current uncertain situat...
NMDC Q4 results: Net profit falls over 76% to Rs 347 croreNMDC’s Profit Before Tax (PBT) for the year 2019-20 was Rs 6,122 crore against Rs 7,198 crore during 2018-19, down 15%.
Buy NMDC, target Rs 151: Edelweiss Financial ServicesBuy NMDC at a price target of Rs 151.
NMDC decided to pay Rs 55,600 incentive to all eligible workmenNMDC which achieved its highest ever production of 34 million tonne and sales of 35.6 million tonne of iron ore in 2016-17, has a team of a...
NMDC to start building railway line for Nagarnar steel plantRailway siding project is a critical component of the steel plant to bring in critical raw materials such as iron ore, coking coal, for pro...
Narendra Singh Tomar asks NMDC to raise output to meet 75 MT target by 2020"NMDC must focus on increasing iron ore production. This will have the twin benefit of keeping prices in check and ensuring equitable suppl...
Government asks NMDC to advance 100 mtpa production targetAccording to sources, NMDC Chairman Narendra Kothari requested govt to grant it new mining leases as it has no mining leases for developmen...
Steel & Mines Ministry urges NMDC to aim for 75 million tonne production by 2018-19Govt has set a target to raise annual steel production to 300 million tonne by 2025, which will necessitate production of 500 MT of iron or...
NMDC posts 34 per cent rise in fourth quarterNMDC’s profit before tax was at Rs.2,998 crore for Q4 FY14 up 34per cent against PBT of Rs.2,245 crore in FY13.
KIOCL's viability lies in merger with NMDC: PWCThe viability of KIOCL, earlier known as Kudremukh Iron Ore Company, lies in merging with state-owned NMDC, says global consultancy firm PW...
NMDC likely to pay Rs 3,110 crore dividend this fiscalProduction and sales were higher by about 3 per cent during the 9-month period at 20.17 million tonnes (MT) and 21.25 MT respectively.