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Business Standard

NMDC trades ex-date for demerger; stock surges 14% on heavy volumes

NMDC shareholders will be eligible to get one share of NMDC Steel for every equity share held.

Topics
Buzzing stocks | NMDC | NMDC share

SI Reporter  |  Mumbai 

Govt to sell up to 7.5% in NMDC via OFS on Tuesday, may get Rs 3,621 cr

Shares of NMDC surged 14 per cent to Rs 107.25 in Thursday’s intra-day trade, on the back of heavy volumes. The stock turned ex-date for its steel business.

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First Published: Thu, October 27 2022. 11:05 IST

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