A fresh bump in ore prices has lifted the miner's stock, yet record output, a 100-MT expansion plan and a pivot towards critical minerals may matter more for the longer-term rerating.

NMDC Ltd. has an average target of 100.50 from 4 brokers.

NMDC Ltd.

07 Apr 2026

90.14

-1.39%

Company Update

NMDC Ltd - 526371 - Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Share And …

BSE India

As per attachment.

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NMDC Ltd.

06 Apr 2026

90.14

-1.39%

NMDC hikes iron ore prices by up to 11.1% with effect from April 5

Business Standard

State-owned NMDC has increased the prices of iron ore by up to 11.1 per cent, according to a regulatory filing. The company, which is the country's largest iron ore producer, has increased the prices with effect from April 5, 2026. As per the regulatory filing, the prices of Baila Lump -- high-grade (65.5 per cent Fe) iron ore lump produced by the company from the Bailadila mines in Chhattisgarh, have been increased by 10.4 per cent. While prices of Baila Fines -- high-grade iron ore product (64 per cent Fe) sized below 10 mm sourced from the Bailadila sector mines in Chhattisgarh, the prices have been hiked up by 11.1 per cent. In a filing to the BSE, NMDC said that "the prices of iron Ore w.e.f. 5th April 2026 has been fixed as under: Baila Lump (65.5 per cent, 10-40 mm) -- Rs 5,300/- per ton. Baila Fines (64 per cent, -10 mm) Rs 4,500/- per ton." The revised prices are on a free-on-rail (FOR) basis and exclude statutory levies such as royalty, District Mineral Foundation (DMF)