NMDC Ltd. News and Updates

Keep track of all breaking news on NMDC Ltd. from all sources in a single place.

06 Apr 2025

65.14

3.54%

NMDC faces governance scrutiny over loss-making Australian subsidiary amid fresh investment concerns

Business Line

One of the anonymous complaints made to the Lokpal accuse a top official, categorically naming him, of independently approving investments

NMDC Ltd. has an average target of 70.00 from 5 brokers.

NMDC Ltd.

21 Mar 2025

65.14

3.54%

NMDC Share Price Declines As Stock Turns Ex-Dividend

NDTV Profit

The board of NMDC on March 17 announced its first dividend of Rs 2.30 per share at a face value of Rs 1 for financial year 2025.

NMDC Ltd. has an average target of 70.00 from 5 brokers.

NMDC Ltd.

18 Mar 2025

65.14

3.54%

NMDC share price rises 3% on interim dividend announcement; check details

Business Standard

The northward move in the NMDC share price came on the back of the news that it has announced an interim dividend of Rs 2.30 per share for the financial year 2024-25

NMDC Ltd. has an average target of 70.00 from 5 brokers.

NMDC announces 2.30 per share interim dividend

Business Line | 18 Mar 2025 3 more

NMDC Ltd.

11 Mar 2025

65.14

3.54%

SCCL, NMDC look at possible cooperation

Business Line

NMDC Ltd. is trading below all available SMAs

NMDC struggles to achieve target as Chhattisgarh trade unions go on strike

Business Standard | 11 Mar 2025 2 more

NMDC Ltd.

09 Mar 2025

65.14

3.54%

NMDC Worker Unions Continue Protests Amid Ongoing Wage Revision Talk

NDTV Profit

The most recent wage revision occurred in 2017, and the next one was due in 2022, according to NMDC.

NMDC Ltd. has an average target of 70.00 from 5 brokers.

NMDC Ltd.

01 Mar 2025

65.14

3.54%

NMDC iron ore production rises 17.8% to 4.62 mn tonnes in February

Business Standard

State-owned NMDC on Saturday said that it has registered a 17.8 per cent increase in iron ore production at 4.62 million tonnes (MT) in February. The company had produced 3.92 MT of iron ore in the corresponding month of previous fiscal year, NMDC said in a filing to BSE. The company said that the figures are provisional. The iron ore production in the April-February period rose to 40.49 MT over 40.24 MT in the year-ago period, the filing said. The sale of iron ore in February was at 3.98 MT, over 3.99 MT in February last fiscal. Hyderabad-based NMDC, under Ministry of Steel, is the country's largest iron ore mining company. The PSU alone caters around 20 per cent to the country's demand for the key steel-making raw material. Since inception, the company has been involved in the exploration of a wide range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten and beach sands amongst others in some of the most remote corners of the country.

NMDC Ltd. is trading below all available SMAs

NMDC achieves record February production of 4.62 million tonnes

Business Line | 01 Mar 2025

NMDC Ltd.

21 Feb 2025

65.14

3.54%

NMDC's fate hangs on outcome of Karnataka mining bill that increases royalty payable by company

livemint

NMDC said it has recognised a contingent liability of 13,510.90 crore against the bill.

Number of FII/FPI investors increased from 659 to 667 in Dec 2024 qtr.

NMDC Ltd.

19 Feb 2025

65.14

3.54%

NMDC Group PJSC To Invest Rs 21,000 Crore In JNPA's Upcoming Vadhvan Port Project

NDTV Profit

Mumbai, Feb 18 (PTI) NMDC Group PJSC has inked an investment proposal worth Rs 21,000 crore with Jawaharlal Nehru Port Authority (JNPA) for the upcoming greenfield Vadhvan Port project in Palghar district of Maharashtra, JNPA said on Tuesday.