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5 stories mentioning NSE:NMDCUpdated 10d ago

Every FINWIRES story that references NSE:NMDC, newest first.

Asia

NMDC Reports Higher July Iron Ore Output, Lower Sales

NMDC (NSE:NMDC, BOM:526371) produced 4.1 million metric tons of iron ore in July, up from 3.1 million tons a year earlier, according to a Saturday filing with the Indian exchanges.Iron ore sales declined to 3.4 million metric tons from 3.5 million metric tons in the same month last year.For the first four months of fiscal 2027, iron ore production increased to 19.2 million metric tons from 15.1 million metric tons a year earlier, while sales rose to 15.2 million metric tons from 15.0 million metric tons, the filing said.

BOM:526371NSE:NMDC
Research

Prabhudas Lilladher Downgrades NMDC to Hold from Accumulate; Price Target is INR86

NMDC (NSE:NMDC, BOM:526371) has an average rating of hold and mean price target of 89 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:526371NSE:NMDC
Asia

NMDC Sets Iron Ore Prices for June

NMDC (NSE:NMDC, BOM:526371) said it has set iron ore prices effective June 3, according to a Wednesday filing on Indian bourses.Baila Lump (65.5%, 10-40 mm) has been priced at 5,700 Indian rupees per ton, while Baila Fines (64%, -10 mm) have been fixed at 4,850 rupees per ton, the filing said.Shares of the company rose over 1% in recent trade.

BOM:526371NSE:NMDC
Asia

NMDC's Consolidated Profit Rises in Fiscal Q4

NMDC's (NSE:NMDC, BOM:526371) net profit rose to 20.3 billion Indian rupees in the fiscal fourth quarter ended March 31 from 14.8 billion rupees a year ago.Earnings per share climbed to 2.31 rupees from 1.68 rupees a year earlier, the iron ore producer said in a filing to the Indian stock exchanges on Friday.Revenue from operations in fiscal Q4 increased to 113.4 billion rupees from 70.0 billion rupees a year ago.The company's board recommended a final dividend of 1 rupee per share with a face value of 1 rupee for the financial year 2025-26.

BOM:526371NSE:NMDC
Asia

NMDC's Iron Ore Sales, Production Rise in April

NMDC's (NSE:NMDC, BOM:526371) iron ore sales edged up to 3.7 million tons in April from around 3.6 million tons a year ago, according to an Indian bourse filing on Friday.Shares of the company fell over 1% in Monday's trade.The miner's iron ore production increased year on year to 4.6 million tons from 4.0 million tons, the filing said.

BOM:526371NSE:NMDC

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