Vedanta, NALCO, Hindustan Zinc shares fall up to 3% as silver, aluminium, other metal prices tumble. Here's whyMetal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easin...
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
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 Bonus Issue: Shares begin trading on ex-bonus basis for 2:1 issueNMDC Bonus Shares : Shares of NMDC, India's largest iron ore producer, began trading ex-bonus as of Friday. The company had specified Decem...
Buy NMDC, target price Rs 280: Motilal Oswal Financial ServicesDespite the recent price cut in 2Q, ASP is expected to improve in 2HFY25. At CMP, NMDC trades at 4.7x FY26E EV/EBITDA. We marginally lower ...
Buy NMDC, target price Rs 260: Motilal OswalNMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 59989.50 Crore) operating in Mining sector.
Add NMDC, target price Rs 277: ICICI SecuritiesNMDC Ltd. key Products/Revenue Segments include Iron Ore, Pellet, Sale of services, Power, Other Operating Revenue for the year ending 31-M...
Buy NMDC, target price Rs 280: Motilal OswalNMDC Ltd. key Products/Revenue Segments include Iron Ore, Pellet, Sale of services, Power, Other Operating Revenue for the year ending 31-M...
Stock Radar: 50% rally so far in 2023! Should you buy, sell or hold NMDC?The stock rose from Rs 126 on January 2nd, 2023 to Rs 191 recorded on December 13, 2023 which translates into an upside of over 51% so far ...
Buy NMDC, target price Rs 210: Motilal OswalNMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 54816.98 Crore) operating in Mining sector.
NMDC in talks with Australia's Hancock for lithium miningIndian iron ore miner NMDC Ltd is in talks with Australia's Hancock Prospecting Pty Ltd for lithium exploration and mining. Separately, NMD...
Buy NMDC, target price Rs 185: Kotak Institutional EquitiesNMDC has crossed 40 million tons of production volumes during March 2022 and is likely to post a strong 23% YoY growth in volumes in FY2022...
NMDC climbs 3.5% as iron ore output surgesThe state-owned miner posted a 26 per cent jump in its iron ore output to 37.18 million tonnes (MT) during April-February period of 2021-22...
Steel plant demerger to help NMDC unlock value of assetThis will also improve mining co’s balance sheet and return ratios, which could help in re-rating of the stock; dividend payout may go up a...
Govt to get about Rs 3,700 cr from NMDC OFSThe government is selling over 21.95 crore shares or 7.49 per cent stake in state-owned miner NMDC at a floor price of Rs 165 a piece.
NMDC Q1 output jumps 34%; sales rise 49%The company had produced 6.61 MT (Million Tonne) of iron ore in the same period a year ago, according to a statement.
- Hold onto NMDC stocks: Seshadri Bharathan
In an exclusive interview with ET Now, Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, talks about NMDC.