NMDC Ltd. News and Updates

Name: Latest research reports of NMDC Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: NMDC Ltd.
Rating: 3
Author: ICICI Securities Limited

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

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NMDC Ltd.

30 Mar 2020

71.04

0.03%

NMDC contributes 150 cr to PM fund to fight Covid-19

Business Line

NMDC Limited announced on Monday that it will contribute 150 crore to the PM-Cares Fund to help in the fight against Covid-19. This was announced vi

Number of FII/FPI investors increased from 651 to 659 in Jun 2025 qtr.

NMDC Ltd.

21 Mar 2020

71.04

0.03%

NMDC takes preventive steps to fight COVID 19

Business Line

NMDC is implementing various preventive measures at its headquarters, various plants and offices to protect its employees and their families against t

NMDC Ltd. is trading above all available SMAs

NMDC Ltd.

17 Mar 2020

71.04

0.03%

NMDC slashes iron ore prices by Rs 50 per tonne

Moneycontrol

The price of iron ore fines, which are inferior grade ore, has also been reduced by Rs 50 to Rs 2,860 per tonne.

Number of FII/FPI investors increased from 651 to 659 in Jun 2025 qtr.

NMDC reduces iron ore prices after poor demand from industries last year

Business Standard | 16 Mar 2020

NMDC Ltd.

16 Mar 2020

71.04

0.03%

Chhattisgarh govt in a fix; activists warn Dantewada-like action in Hasdeo

Business Standard

State government in process to scrap clearances for NMDC's iron-ore mine in Dantewada

NMDC Ltd. is trading above all available SMAs

NMDC Ltd.

02 Mar 2020

71.04

0.03%

NMDC-IIT Hyderabad's business incubator to support Deep-Tech start-ups

Business Line

NMDC and i-TIC Foundation, IIT Hyderabad, today signed an agreement to support start-ups through a joint incubation programme NMDC Innovation &

NMDC Ltd. has an average target of 76.50 from 4 brokers.

NMDC Ltd.

12 Feb 2020

71.04

0.03%

NMDC to ramp up iron ore production to boost supplies

Business Line

To spend about 2,300 crore in capital expenditure next year to raise the output

NMDC Ltd. is trading above all available SMAs

NMDC targets 50 per cent jump in output in FY21

Business Line | 12 Feb 2020 1 more

NMDC Ltd.

11 Feb 2020

71.04

0.03%

President divests 2.63% stake in NMDC

Business Line

The President of India, acting through the Union Steel Ministry, has sold 8,05,82,119 equity shares of NMDC Ltd (the target company), amounting to 2.6

NMDC Ltd. has an average target of 76.50 from 4 brokers.

NMDC Ltd.

07 Feb 2020

71.04

0.03%

NMDC: Lower iron ore volumes, realisations lead to lacklustre Q3

Business Standard

While domestic outlook was seen improving post recent iron ore price hikes and rising steel output, coronavirus could curb gains

Number of FII/FPI investors increased from 651 to 659 in Jun 2025 qtr.

NMDC Ltd.

07 Feb 2020

71.04

0.03%

NMDC Q3 net profit declines 13% to 1,375 cr, declares dividend

Business Line

NMDC has posted a lower profit of 1,375 crore for the third quarter ended December 2019, down 12.75 per cent from 1,576 crore it logged in the corre

Number of FII/FPI investors increased from 651 to 659 in Jun 2025 qtr.

NMDC Q3 net profit declines 13% at Rs 1,375cr

Moneycontrol | 06 Feb 2020 1 more

NMDC Ltd.

07 Feb 2020

71.04

0.03%

NMDC Ltd

Hold: NMDC Ltd.

Target

ICICI Securities Limited

Maintains volume estimate for FY20E, revised for FY21E For 9MFY20, production volume was at 22.0 MT, up 1% YoY (21.8 MT for 9MFY19) while sales volume were at 22.9 MT, up 3% YoY (22.2 MT for 9MFY19). Going forward, we maintain our volume estimates for FY20E while we upward revise our volume estimate for FY21E. We model sales volume of 32 MT for FY20E, 35 MT for FY21E (upward revise from 32 MT earlier)....

NMDC Ltd. is trading above all available SMAs

Is NMDC Ltd. worth buying?

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Buy 80.69%

Sell 10.1%

Hold 9.21%

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