State-owned miner NMDC plans to double its iron ore production to 100 million tonnes per year by 2030, up from 45 million tonnes in 2023-24...

Over FY25, NMDC is likely to surpass a production of 50 million tonne, believes Motilal Oswal Financial Services. The traction in productio...

Addressing the 63rd Annual General Meeting through video conference Chairman and Managing Director of the company, Sumit Deb said the iron ...

This 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...

NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 50860.66 Crore) operating in Mining sector.

The fund raising will depend approval of shareholders.

Historically, February and March have seen companies pay higher dividends.

Meanwhile, the country's top iron ore producer NMDC's capex has been slashed by a huge 27 per cent to Rs 3,778 crore for the next fiscal.

These three firms have set for themselves an ambitious Rs 14,925 crore capex target for the 2014-15 fiscal.

NMDC 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...

State-owned iron ore miner NMDC plans to ramp up its capex by about 70 per cent to Rs 2,720 crore in the current fiscal.

Steel Authority of India (SAIL) and Rastriya Inspat Nigam Ltd are the only two bidders for iron-ore minor NMDC's 50 per cent stake

All major coal, mining and steel state-owned firms, including SAIL and Coal India, are set to miss capex targets this fiscal.

NMDC will spend around Rs 3k cr next fiscal on its maiden steel venture at Chhattisgarh's Nagarnar, which has planned capacity of 3MT.

NMDC plans to invest Rs 3,513 crore on its upcoming 3 million tonnes per annum capacity steel plant at Nagarnar in Chhattisgarh.

Avinash Gupta, Assistant Vice President Research Equity, Bonanza Portfolio Limited in an interview with ET Now talks about NMDC.

NMDC valuations may take a further knock once the floating stock increases after the FPO.