Andhra’s new gold mine could change India’s import storyIndia is set to launch its first large-scale private gold mine, the Jonnagiri project in Andhra Pradesh, aiming to boost domestic productio...
GMDC shares rocket 18% to new 52-week high. What’s triggering the sharp surge?Gujarat Mineral Development Corporation (GMDC) share price surged 18% to a new 52-week high of Rs 736, driven by robust trading volumes exc...
Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
Dharmesh Kant sees buying opportunities in largecaps despite volatility; defence, banks in focusAmid market jitters, experts advise focusing on robust largecap stocks in infrastructure and banking for better risk-reward. Defence and me...
NMDC FY25 consolidated net profit 17% up at Rs 6,538 crore; auditor flags retrospective levy by Karnataka governmentNMDC reported a 17.37% rise in FY25 net profit to ₹6,538.82 crore, with income rising to ₹25,498.84 crore. The company paid ₹2,901 crore in...
NMDC announces 2:1 bonus issue as Q2 profit rises 23% YoY to Rs 1269 croreBonus shares are fully paid additional shares that a company issues to its existing shareholders at no extra cost. The quantity of bonus sh...
Capacity ramp-up, improving realisation augur well for NMDCNMDC’s sales volume increased by 13.6% sequentially to 9.6 million tonne. Realisation fell by 2% from the previous quarter and by 35% year-...
NMDC posts eight-fold jump in PAT to Rs 2,838 cr in Q4During the fourth quarter of the last fiscal, turnover stood at Rs 6,848 crore compared to Rs 3,187 crore in the same quarter in FY20, the ...
NMDC Q3 results: Net profit jumps 53% to Rs 2,109 cr“The various steps are undertaken to reduce costs, improve output and maximize profitability have led us to bounce back after initial set b...
NMDC Q2 results: Firm reports 10% rise in PAT at Rs 774 croreThe company’s consolidated profit grew by 45% when compared to Rs 533 crore reported during the June quarter. The company’s earnings before...
NMDC net falls 59% in Q3 on lower sales realisationThe company posted a profit before tax (PBT) of Rs 1,011 crore in Q3 FY16, a 58% drop over the same period last year.
Lower realization pushes NMDC Q2 net down 21.45% to Rs 1318 croreNMDC reported a 21.45% fall in its net profit to Rs 1318 crore for the second quarter ended September 30, 2013, hit by decrease in realisat...
- NMDC Q3 net falls 30.4% to Rs 1292.80 crore on lower volumes
The company's net income too dropped 27.4% to Rs 2047.69 crore in the period under review against Rs 2822.18 crore in the same period last ...
- Nalco, NMDC unlikely to rise further
Nalco and NMDC have gained 6% and 2% in market value, respectively, after the government announced plans to divest 12% stake in the former ...
- NMDC Q2 net up 81 pc at Rs 1,518 crore
The country's largest iron ore producer NMDC today reported a 81 per cent rise in net profit at Rs 1,518 crore in the third quarter of the ...
- NMDC June Qtr net zooms 94 pc to Rs 1,504 cr
The state-owned miner NMDC posted 94.3 per cent jump in its net profit to Rs 1,504.04 crore for the quarter to June on account of improved ...
- Steel Ministry recommends Navratna status for NMDC
The Steel Ministry has recommended granting Navratna status to nation's biggest miner NMDC Limited for excelling in its activities and unfu...